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Xi Jinping's U.S. Visit Expected to Include Chinese and U.S. Executives

Quick Look

With two days until Chinese President Xi Jinping's expected arrival in the U.S., details emerge about executives attending a Washington D.C. dinner, including Microsoft CEO Satya Nadella and representatives from Chinese firms such as BYD, Xiaomi, CATL, Gotion, Hisense, Wanxiang, Bank of China, and COFCO Group, amid ongoing U.S.-China tensions and mutual blacklisting of companies.

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Why It Matters

U.S.-China relations have deteriorated in recent years, marked by trade restrictions, technology bans, and mutual placement of companies on blacklists that limit cross-border business activities.

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BEIJING — With two days to go before Chinese President Xi Jinping is expected to land in the U.S., very little is known about which Chinese executives will join him.

China's Ministry of Foreign Affairs did not immediately respond to a CNBC request for comment Tuesday morning. Late on Monday, the ministry confirmed Xi's U.S. trip, planned for Wednesday to Friday.

On the U.S. side, Microsoft CEO Satya Nadella is one of the executives who will attend a dinner expected Thursday in Washington, D.C., according to a source familiar.

Microsoft and the White House did not immediately respond to a CNBC request for comment.

Senior U.S. officials have shared names of some other executives who will join:

On the Chinese side, Reuters reported last week that business representatives under consideration included those from electric car giant BYD, smartphone company Xiaomi, battery makers CATL and Gotion, consumer electronics manufacturer Hisense, automotive parts company Wanxiang, state-owned Bank of China and agricultural conglomerate COFCO Group.

BYD had no comment when contacted by CNBC. The other Chinese companies did not immediately respond to requests for comment.

As tensions between the U.S. and China have escalated in recent years, both governments have put companies from the other country on blacklists that restrict business activity.

—CNBC's Jordan Novet and Ashlee Trujillo contributed to this report.

What to Watch

AI outlook — possibilities, not facts

The executive dinner in Washington D.C. will proceed as planned with participation from Satya Nadella and selected Chinese business representatives.
Likely · Within days
No major business announcements will result from the executive dinner.
Likely · Within days

Open Questions

Which specific Chinese executives will attend the dinner with Xi Jinping?
What topics will be discussed at the U.S.-China executive dinner?
Will any business agreements or understandings emerge from the meeting?
How will the visit affect ongoing U.S.-China trade and technology disputes?