Microsoft’s co-founder Monthly bill Gates will reportedly satisfy China’s Xi this week

Microsoft’s co-founder Monthly bill Gates will reportedly satisfy China’s Xi this week


Invoice Gates, co-chairman of the Invoice and Melinda Gates Foundation, during the EEI 2023 event in Austin, Texas, US, on Monday, June 12, 2023.

Bloomberg | Bloomberg | Getty Photos

Microsoft‘s co-founder Monthly bill Gates will be meeting Chinese President Xi Jinping on Friday, Reuters noted Wednesday citing two resources acquainted with the matter.

The conference will be Xi’s initially with a overseas CEO in recent yrs, the report mentioned, as the Chinese leader stopped travelling abroad for just about 3 years right after China shut its borders for the duration of the pandemic.

It could be a one-on-a person meeting, Reuters stated without revealing specifics on what they may possibly explore.

CNBC reached out to China’s ministry of overseas affairs but did not listen to again at the time of publication.

The two men fulfilled in 2015 on the sidelines of the Boao forum, a collecting for political and organization leaders, held in Hainan province. They talked about views on improving general public wellbeing assistance and poverty reduction, according to China’s overseas ministry.

Gates tweeted Wednesday, saying he had landed in Beijing to “pay a visit to with associates who have been doing the job on international wellness and improvement difficulties” for the Monthly bill & Melinda Gates Basis. It is his very first check out because 2019.

The billionaire stepped down as Microsoft’s board chair in March 2020 to “devote extra time to his philanthropic priorities like world wide wellness, growth, education, and his expanding engagement in tackling climate adjust.” He left his total-time executive job at Microsoft in 2008.

Gates’ stop by arrives in advance of a prolonged-awaited vacation by U.S. Secretary of State Antony Blinken to China this weekend, aimed at stabilizing relations among the two largest economies in the planet.

Chinese International Minister Qin Gang and Blinken spoke Wednesday and “mentioned the great importance of keeping open up strains of conversation” in purchase to take care of the U.S.-China marriage and “keep away from miscalculation and conflict,” the U.S. Condition Office claimed.

Other overseas tech leaders — this kind of as Apple CEO Tim Cook and Tesla CEO Elon Musk — have satisfied with Chinese ministers in modern months.

In March, Cook fulfilled China’s minister of commerce Wang Wentao to go over China’s reopening and broader supply chain difficulties. Musk fulfilled with Chinese vice leading Ding Xuexiang and other best officials in China in May possibly, as Beijing appears to be like to portray a friendly business ecosystem for foreign firms amid tensions with the U.S. govt.



Resource

AI and energy-focused SPAC raises 5 million and taps Nvidia, Prologis execs as advisors for deal hunt
World

AI and energy-focused SPAC raises $175 million and taps Nvidia, Prologis execs as advisors for deal hunt

Key Points Dynamix Corporation III has raised an upsized $175 million in an initial public offering, people familiar with the matter told CNBC. The SPAC may also opt to issue additional shares, raising a total of $201.25 million that will be used to acquire a company in the AI, energy or digital asset class sector. […]

Read More
European Central Bank holds rates steady as economy shows resilience
World

European Central Bank holds rates steady as economy shows resilience

The European Central Bank has kept interest rates on hold, as expected, at its latest meeting on Thursday. The central bank held its key deposit facility rate at 2% for the third consecutive time, having last cut rates in June. The trim, which coincided with euro zone inflation hitting the ECB’s target rate of 2%, was […]

Read More
Jeep maker Stellantis stock falls 6% after issuing warning on one-off costs
World

Jeep maker Stellantis stock falls 6% after issuing warning on one-off costs

A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images Stellantis on Thursday issued a warning on one-off costs through the second half of the year as the embattled automaker seeks to […]

Read More