A Wall Street Journal report analyses the CEOs from Tesla, Nvidia, Apple, Blackstone, and Qualcomm joining US President Trump on his China trip.
Despite intense local competition, Tesla still sees China as a key market for its electric-vehicle business.
Apple aims to strengthen its image in China while battling for market share against local smartphone makers, having ranked second to Huawei in Q1 smartphone shipments according to IDC data.
Nvidia's shares surged after its CEO was added to the delegation at the last minute, following prior US approval to ship some H200 chips to China.
Blackstone's CEO is well known in Beijing for founding a scholarship program at Tsinghua University.
Qualcomm seeks to lead in 6G, though analysts say it remains highly dependent on Chinese customers, who account for about 45% of its revenue.
Behind this analysis lies an undeniable reality: China's market remains indispensable to global business.
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