By Laurie Chen
Chinese Premier Li Qiang urged countries to open their markets to combat “rising instability and uncertainty” at a business forum in Beijing on Sunday, as China braces for further U.S. tariffs.
“In today’s increasingly fragmented world with rising instability and uncertainty, it is more necessary for countries to open up their markets and enterprises… to resist risks and challenges,” Li told dozens of foreign CEOs and visiting U.S. Republican Senator Steve Daines at the China Development Forum, state media reported.
Foreign CEOs including Tim Cook of Apple, Cristiano Amon of Qualcomm, Pascal Soriot of AstraZeneca and Amin Nasser of Saudi Aramco are attending the forum on Sunday and Monday, and some are expected to meet President Xi Jinping on Friday, sources have told Reuters.
Beijing is keen to attract foreign investment at a time of heightened geopolitical tensions, as policymakers try to boost domestic consumption to offset fresh U.S. tariff headwinds.
“We will focus
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