Chinese Premier Li to Headline Forum, But CEO Meeting in Doubt
- China Development Forum begins Sunday with few details known
- Li Qiang expected to skip yearly CEO meet, ending 20-year norm
Foreign businesses’ direct investment into China slumped to a 30-year low in 2023, underscoring challenges facing Xi’s policymakers.
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Chinese Premier Li Qiang will deliver a keynote speech in Beijing at an annual summit with global executives this weekend as speculation remains over which top leaders they’ll meet.
International CEOs including Apple Inc.’s Tim Cook, Pfizer Inc.’s Albert Bourla and FedEx Corp.’s Raj Subramaniam are among those expected to attend the China Development Forum, according to two people familiar with the matter. Li is expected to break a two-decade tradition for the premier to hold a meeting with business chiefs around the forum, according to reports.