Chinese President Xi Jinping will dine with top US business leaders during his visit to the Asia-Pacific Economic Cooperation (APEC) meeting in San Francisco next week. Sources told Bloomberg News.

Hundreds of people are expected to attend the party, including top executives from several major corporations in the United States. China has not yet officially said that Xi will attend the APEC summit, but that is the truth, according to insiders. He also meets US President Joe Biden.

Increased tension in the core

Xi will also want to talk to American businessmen about the rising tensions between China and the United States in economic areas and other issues. Ahead of the APEC summit, a meeting involving top officials from oil giant ExxonMobil, software maker Microsoft and pharmaceutical giant Pfizer has been arranged.

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This year, China welcomed several prominent businessmen, including Jamie Dimon, CEO of major bank JPMorgan Chase, Apple’s Tim Cook and Tesla boss Elon Musk.