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By Julie Zhu and Elisa Martinuzzi
DAVOS, Switzerland (Reuters) - Chinese Vice Premier Ding Xuexiang met with planetary concern and concern leaders including Blackstone (NYSE:) CEO Steve Schwarzman, Bridgewater Associates laminitis Ray Dalio and JPMorgan CEO Jamie Dimon during a backstage luncheon successful Davos connected Tuesday.
The lunch, hosted by World Economic Forum (WEF) laminitis Klaus Schwab, was besides attended by BlackRock (NYSE:) CEO Larry Fink, Standard Chartered (OTC:) CEO Bill Winters and Visa (NYSE:) CEO Ryan Mclnerney.
Several Chinese authorities officials who are portion of the country's delegation successful Switzerland were besides contiguous astatine the event. U.S. fiscal firms person been keen to support bully relations with Beijing, adjacent arsenic Chinese maturation has waned.
"All the indicators are positive, but the marketplace is waiting to spot however overmuch condemnation determination is and however overmuch follows through," an enforcement who attended the gathering told Reuters.
"There was a determination to implicit each the transformations that they (the Chinese) acceptable out," said the executive, adding the cardinal goals for Beijing see stabilizing the spot marketplace and stimulating the home demand.
Chinese policymakers are intensifying efforts to stimulate a faltering system successful the look of concerns implicit imaginable U.S. tariff hikes pursuing President Donald Trump's inauguration.
Trump unexpectedly held disconnected from imposing tariffs connected China connected his archetypal time backmost successful the White House.
Ding connected Tuesday welcomed much concern by overseas companies successful the country, adding that China was consenting to lick problems encountered by home and overseas firms.
He is the second-highest-ranking Chinese authoritative to hitch shoulders with planetary concern and governmental leaders astatine the Davos acme since President Xi Jinping attended successful 2017.
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