President Donald Trump is heading to Beijing this week for a high-stakes state visit, and according to a report by Bloomberg, the White House has invited top CEOs of American businesses to accompany the President, aiming to secure massive trade deals and new investments. The delegation, reportedly scheduled for the visit from May 13 to 15, also includes some of the most powerful names in finance and aviation.
List includes Musk, Cook and Wall Street ‘big wigs’
Leading the group are Tesla’s Elon Musk and Apple’s Tim Cook, both of whom have massive manufacturing and consumer interests in China. Joining them is a lineup from the financial world, including, Larry Fink (BlackRock), Stephen Schwarzman (Blackstone), David Solomon (Goldman Sachs) and Jane Fraser (Citigroup)Other tech and payment giants are also represented, with the CEOs of Meta, Cisco, Qualcomm, Visa and Mastercard all expected to touch down in Beijing.However, a report by news agency Reuters says that one of the primary goals of the trip may be to finalize a blockbuster deal for Boeing. CEO Kelly Ortberg is joining the delegation with hopes of securing an order for up to 500 737 MAX jets, along with dozens of larger widebody aircraft. If signed, this would be China’s first major Boeing order since 2017 and could potentially be the single largest airplane order in history.
Why Nvidia’s Jensen Huang is missing
Noticeably absent from the list is Nvidia CEO Jensen Huang. Despite Nvidia’s dominance in the AI sector and Huang’s reportedly strong relationship with President Trump, he was not invited to this specific summit, Reuters reported.Citing sources, the report notes that the White House is focusing this trip primarily on agriculture and commercial aviation rather than high-end semiconductors. While the administration recently cleared the way for Nvidia to export its H200 AI chips to China, the deals have reportedly stalled because Chinese companies are struggling to get the necessary permissions from their own government.