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BEIJING (AP) — Microsoft Corp. co-founder Bill Gates says he is in Beijing, joining a series of foreign business figures who have visited China as the ruling Communist Party tries to revive investor interest in the country.
CEOs of global companies including Elon Musk of Tesla Ltd. and Apple Inc.’s Tim Cook have visited China this year and met Premier Li Qiang, the top economic official, and Cabinet ministers following the end of anti-virus controls that blocked most international travel.
The ruling party is trying to revive foreign interest in China’s slowing economy and reassure companies that have been rattled by anti-monopoly and data-security crackdowns, raids on consulting firms, tension with Washington and pressure to align their plans with official development goals.