China promotes business potential to Apple and others from U.S.

China promotes business potential to Apple and others from U.S.

  • 24.03.2025 05:48
  • japantimes.co.jp
  • Keywords: China, Apple

China is actively promoting business opportunities for U.S. companies like Apple amid geopolitical tensions. Vice Premier He Lifeng met with corporate leaders during the China Development Forum to discuss investments and improving the business environment.

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Estimated market influence

Apple

Apple

Positivesentiment_satisfied
Analyst rating: Buy

Apple is mentioned as a company that China is trying to attract with improved business environment and supply-chain cooperation.

Pfizer

Pfizer

Positivesentiment_satisfied
Analyst rating: Buy

Pfizer is part of the foreign corporate chiefs meeting, indicating potential business opportunities in China.

Mastercard

Mastercard

Positivesentiment_satisfied
Analyst rating: Buy

Mastercard's inclusion suggests ongoing business discussions and opportunities in China.

Cargill

Positivesentiment_satisfied
Analyst rating: N/A

Cargill is part of the foreign corporate chiefs meeting, indicating potential business opportunities in China.

Eli Lilly

Eli Lilly

Positivesentiment_satisfied
Analyst rating: Buy

Eli Lilly's inclusion in the meeting highlights its role in the Chinese market and potential collaborations.

Medtronic

Medtronic

Positivesentiment_satisfied
Analyst rating: Buy

Medtronic is part of the foreign corporate chiefs meeting, indicating potential business opportunities in China.

Corning

Corning

Positivesentiment_satisfied
Analyst rating: Buy

Corning's CEO expressed confidence in China's market and long-term investment plans.

Amway

Positivesentiment_satisfied
Analyst rating: N/A

Amway is monitoring U.S. tariffs but remains focused on the future of the Chinese market.

Context

Analysis and Summary: China Promotes Business Potential to U.S. Companies

Key Meetings and Announcements

  • Vice Premier He Lifeng met with leaders from Apple, Pfizer, Mastercard, Cargill, Eli Lilly, Medtronic, and Corning to reassure foreign businesses of China's investment potential.
  • Ren Hongbin, chairman of the China Council for the Promotion of International Trade, encouraged Apple to deepen supply-chain cooperation in China.
  • Premier Li Qiang urged countries to open markets to combat global instability and promised active macroeconomic policies at the China Development Forum.

Market Sentiment and Business Impact

  • Foreign CEOs expressed optimism about China's long-term business opportunities despite geopolitical tensions.
    • Corning CEO Wendell Weeks stated confidence in China's development, committing to decades of investment.
    • Amway CEO Michael Nelson emphasized focus on the future of the Chinese market.

Geopolitical and Trade Dynamics

  • U.S. tariffs of 20% on all Chinese goods were imposed since January, straining relations.
  • Fewer American CEOs attended the forum compared to last year, though U.S. firms still made up the largest group of attendees (86 representatives from 21 countries).

Competitive Landscape and Strategic Considerations

  • China is actively wooing foreign investment to offset slowing domestic consumption and geopolitical tensions.
  • The push for deeper supply-chain collaboration with U.S. companies like Apple highlights China's strategic focus on maintaining economic ties despite trade disputes.

Long-term Effects and Regulatory Implications

  • China's emphasis on improving the business environment signals a long-term strategy to attract multinational investment.
  • Geopolitical tensions and trade policies remain key risks, but businesses are cautiously optimistic about opportunities in China.

Future Outlook

  • The forum discussions suggest ongoing efforts by China to balance economic growth with geopolitical challenges.
  • Foreign companies are likely to continue navigating a complex landscape of tariffs, regulatory changes, and market access issues.