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Friday, May 3, 2024

US tycoons flock to China despite fraying ties

Business leaders remain upbeat about the value of engagement, if only to protect huge investments

A China Central Television news broadcast shows Microsoft co-founder Bill Gates meeting with Chinese President Xi Jinping, on a giant screen outside a shopping mall in Beijing on Friday. (Photo: AFP)

From Elon Musk to Bill Gates and Apple chief Tim Cook, some of America’s biggest business titans have been heading to Beijing, seemingly defying the barrage of doomsayer narratives about US-China friction.

The stream of visits by some of the world’s richest men began after China abruptly ended nearly three years of Covid isolation late last year.

In Beijing, the American magnates have talked up their…

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