{"id":127077,"date":"2026-05-13T13:48:01","date_gmt":"2026-05-13T09:48:01","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=127077"},"modified":"2026-05-13T13:48:05","modified_gmt":"2026-05-13T09:48:05","slug":"trump-brings-tech-titans-to-beijing-nvidias-huang-teslas-musk-and-apples-cook-join-historic-china-showdown","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/trump-brings-tech-titans-to-beijing-nvidias-huang-teslas-musk-and-apples-cook-join-historic-china-showdown\/05\/13\/market-updates\/","title":{"rendered":"Trump Brings Tech Titans to Beijing: Nvidia&#8217;s Huang, Tesla&#8217;s Musk, and Apple&#8217;s Cook Join Historic China Showdown"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><\/h1>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Takeaways<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Star-studded delegation:<\/strong> Trump confirmed Nvidia CEO Jensen Huang, Tesla CEO Elon Musk, and Apple CEO Tim Cook are aboard Air Force One.<\/li>\n\n\n\n<li><strong>CEO lineup expands:<\/strong> The delegation also includes leaders of Blackstone, BlackRock, Boeing, Cargill, Citi, GE Aerospace, Goldman Sachs, Micron, and Qualcomm.<\/li>\n\n\n\n<li><strong>Trump&#8217;s first ask:<\/strong> The president vowed his very first request to Xi will be to &#8220;open up&#8221; China to Western businesses.<\/li>\n\n\n\n<li><strong>&#8220;Extraordinary distinction&#8221;:<\/strong> Trump praised Xi as a &#8220;Leader of extraordinary distinction&#8221; in his social media post.<\/li>\n\n\n\n<li><strong>Historic visit:<\/strong> Trump&#8217;s journey marks the first by a U.S. leader to China in nearly a decade.<\/li>\n\n\n\n<li><strong>Iran in spotlight:<\/strong> Analysts say China \u2014 as a major Iranian crude buyer \u2014 could be persuaded to act as guarantor of a lasting peace deal.<\/li>\n\n\n\n<li><strong>China the war&#8217;s winner:<\/strong> Capital Economics&#8217; Julian Evans-Pritchard says China has emerged as a &#8220;net economic beneficiary&#8221; of the Iran war.<\/li>\n\n\n\n<li><strong>Green tech tailwind:<\/strong> Booming green tech exports have offset the hit from higher oil prices for China.<\/li>\n\n\n\n<li><strong>Trip delayed by war:<\/strong> Originally planned for early April, the visit was pushed to May due to the Iran conflict.<\/li>\n\n\n\n<li><strong>Letter diplomacy:<\/strong> Trump and Xi have reportedly maintained ongoing correspondence through letters.<\/li>\n\n\n\n<li><strong>Frayed ties:<\/strong> The summit comes amid tensions over the 2025 trade war, AI chips, and Taiwan arms sales.<\/li>\n\n\n\n<li><strong>Full schedule:<\/strong> Welcome ceremony, two bilateral meetings, state banquet, and recreational activities planned.<\/li>\n<\/ul>\n\n\n\n<p>U.S. President Donald Trump said on Wednesday he will ask Chinese President Xi Jinping to open up the country to Western businesses as a first request during their expected face-to-face meeting later this week.<\/p>\n\n\n\n<p>Trump said in a social media post he was aboard Air Force One with several major U.S. business leaders and was en route to China for a three-day state visit.<\/p>\n\n\n\n<p>&#8220;I will be asking President Xi, a Leader of extraordinary distinction, to &#8216;open up&#8217; China so that these brilliant people can work their magic\u2026 I will make that my very first request,&#8221; Trump said.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">A Power-Packed Delegation<\/h2>\n\n\n\n<p>Trump confirmed that Nvidia CEO Jensen Huang was part of his delegation to China, which also includes Tesla CEO Elon Musk, Apple CEO Tim Cook, as well as the leaders of Blackstone, BlackRock, Boeing, Cargill, Citi, GE Aerospace, Goldman Sachs, Micron, and Qualcomm.<\/p>\n\n\n\n<p>Trump is expected to discuss a host of topics with China&#8217;s Xi, including trade tariffs, artificial intelligence, and Taiwan.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Iran War in the Spotlight<\/h2>\n\n\n\n<p>But it may be the ongoing fight between the United States and Iran that will likely command much of the attention. Analysts have suggested that China \u2014 as a major importer of Iranian crude \u2014 could be persuaded to act as a guarantor of a lasting peace deal, although some observers have dialed back expectations that such a breakthrough could come from the gathering.<\/p>\n\n\n\n<p>Indeed, as Julian Evans-Pritchard, Head of China Economics at Capital Economics, noted, China&#8217;s economy is &#8220;now stronger&#8221; than at the start of the year \u2014 thanks in part to the conflict.<\/p>\n\n\n\n<p>&#8220;China has also emerged as a net economic beneficiary of the Iran War, with the resulting tailwind to its exports of green tech products helping to offset the hit from higher oil prices,&#8221; Evans-Pritchard said in a research note.<\/p>\n\n\n\n<p>Diplomatic efforts to forge an agreement between Washington and Tehran appear to have stalled. Earlier this week, Trump dismissed an Iranian response to an American peace proposal, describing it as &#8220;unacceptable&#8221; and a &#8220;piece of garbage.&#8221; Reports have also swirled around whether the White House will resume strikes against Iran.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Historic Visit Amid Frayed Ties<\/h2>\n\n\n\n<p>Trump&#8217;s journey to China is the first by a U.S. leader in nearly a decade, and comes as media reports said the president and Xi have maintained an ongoing correspondence through letters. Trump last visited China during his first term.<\/p>\n\n\n\n<p>But relations between the world&#8217;s two largest economies have been frayed recently, especially in the wake of a bitter trade war in 2025 and continued disagreements over AI chips and arms sales to Taiwan.<\/p>\n\n\n\n<p>The trip was originally planned for early April but was delayed to May due to the Iran war. Trump&#8217;s schedule for the trip includes a welcome ceremony, two bilateral meetings with Xi, a state banquet, and some recreational activities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Star-studded delegation: Trump confirmed Nvidia CEO Jensen Huang, Tesla CEO Elon Musk, and Apple CEO Tim Cook are aboard Air Force One. CEO lineup expands: The delegation also includes leaders of Blackstone, BlackRock, Boeing, Cargill, Citi, GE Aerospace, Goldman Sachs, Micron, and Qualcomm. Trump&#8217;s first ask: The president vowed his very first request &hellip;<\/p>\n","protected":false},"author":9,"featured_media":110729,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,6827,49,36],"tags":[],"class_list":["post-127077","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-daily-economic-reports","category-economic-reports","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=127077"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127077\/revisions"}],"predecessor-version":[{"id":127078,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/127077\/revisions\/127078"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/110729"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=127077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=127077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=127077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}