On Friday, Microsoft co-founder Bill Gates meets China’s President Xi Jinping if you aren’t aware tension remains high between Washington and Beijing.
It’s a big meet-up between these two personalities, for those who don’t know Xi Jinping and Bill Gates share a good friendship bond.
That’s the reason, Mr. Xi told Mr. Gates that he was “the first American friend” he had met in Beijing this year, according to Chinese state media.
Ever since China reopened its borders, Bill Gates is the first high-profile Business leader who visited China.
Bill Gates Meets President Xi Jinping
Bill Gates, the world’s fourth richest person in the world visits China to rebuild a good relationship with US-China.
Gates previously said he’d be meeting partners working on n global health and development challenges. These are the few remaining areas where China and the West find common ground amid rising geopolitical tensions.
Even China’s President Xi Jinping also asked him to help promote US-China relations, greeting the tech tycoon warmly. “I am very happy to see you. We haven’t seen each other for more than three years … and you are an old friend of ours,” Xi said, according to Chinese state media.
Xi went on to tell Gates that he was “the first American friend I’ve seen this year.”
Last year, Bill Gates arrived in Pakistan for the first time ever under the leadership of Imran Khan.
Placing Hope In The American People
“I always believe that the foundation of the US-China relationship is in the people. I am placing my hope in the American people,” the Chinese leader was quoted as saying.
President Xi also told Gates that China is willing to engage in “extensive technological innovation cooperation with countries around the world” and “actively participate in and promote the response to global challenges” such as climate change and public health,” according to the reporter.
Gates visit to China at this crucial time raising a lot of questions right now. The tension between China and US rising like a phoenix due to the involvement in a.i, tech advancement, and advanced semiconductors, raids by Chinese officials on international companies, and heightened fears that China could attack Taiwan.
Last week, Financial Times reported that “Beijing-based Microsoft Research Asia (MSRA), the tech giant’s largest R&D outfit outside the U.S., is moving some of its top AI talents from China to Vancouver to mitigate the impact of the increasingly strained relationship between China and the U.S.”
Financial crisis in the tech world in the U.S. is extremely rising, over the past few months, Silicon Valley laid off thousands of employees. Microsoft also laid off employees due to the crisis.
The Biden Administration restricted investments from the U.S. to Chinese high-end technologies such as AI, semiconductors, and quantum computing.
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