Trump Invites Nvidia, Apple, Exxon, Boeing CEOs to Accompany Him on China Visit (Comprehensive)

"Trump Invites Nvidia, Apple, Exxon, Boeing CEOs to Accompany Him on China Visit" (Comprehensive)

Online media Semafor: "Qualcomm, Blackstone, Citi, Visa also included in the list"

U.S. President Donald Trump has invited CEOs of major domestic companies, including Nvidia and Apple, to join his delegation for his visit to China, online media Semafor reported on the 7th (local time).

CEOs of these tech giants, as well as ExxonMobil, Boeing, Qualcomm, Blackstone, Citigroup, and Visa, were also included in the invitation list for President Trump's delegation to the U.S.-China summit on the 14th-15th.

U.S. business media CNBC reported that Boeing CEO Kelly Otberg and Citigroup CEO Jane Fraser have accepted the invitation to join the delegation.

A source familiar with the matter said that President Trump recently met with corporate CEOs and spontaneously told them, "See you in Beijing," stimulating their 'FOMO' (Fear Of Missing Out).

The recommendation for the delegation to China is reportedly being led by Treasury Secretary Scott Bessent, U.S. Trade Representative (USTR) Jamison Greer, and U.S. Ambassador to China David Perdue.

However, the media assessed that President Trump's visit to China is less commercial in nature compared to last year's Middle East tour, which saw a large number of businesspeople participate and achieve investment results. Instead, it focuses on building relations between President Trump and President Xi Jinping.

It was analyzed that the commercial achievements the U.S. could gain from China during this visit are expected to be limited to the sale of U.S. soybeans and Boeing aircraft.

Sources previously stated that China has decided to resume purchasing U.S. soybeans and is requesting multi-year parts warranties from the U.S. in connection with a contract to purchase 500 narrow-body aircraft from Boeing.

Indeed, CNBC analyzed that CEO Otberg's visit to China is aimed at securing a supply contract for its 737 MAX narrow-body aircraft, which resumed production after being grounded following crashes in 2018 and 2019.

CEO Fraser stated in an interview with Bloomberg last November that Citigroup, which has been doing business in China since 1902, recognizes investors' 'renewed interest' in China.