Xi Jinping’s Letter To Previous Starbucks Chairman Amidst Strained US Ties
Xi Jinping urged Howard Schultz to play an active role in promoting China-US trade. (File)
China’s President Xi Jinping has actually asked previous Starbucks chairman Howard Schultz to assist promote trade between Washington and Beijing in an uncommon missive to a foreign organization figure, state media reported Thursday.
Xi, reacting to an earlier message from Schultz, advised the multi-billionaire to “continue to play an active function in promoting China-US economic and trade cooperation”, the official Xinhua news firm said.
China will “offer a wider area for companies from all over the world, including Starbucks and other American business, to establish in China”, Xi wrote in his letter.
It was not immediately clear why the letter was released by state media, however it comes as relations in between the superpowers have actually reached a nadir with bitter disagreements over trade, tech, security and rights.
Starbucks, an ubiquitous sight in significant Chinese cities, says it has actually opened over 4,700 coffeehouse across the nation given that 1999.
Schultz, who stepped down as chairman of the chain in 2018 however keeps an honorary title at the company, had previously praised Xi on China’s transition into “moderately flourishing society”, Xinhua said.
US-China ties have grown significantly strained under the administration of Donald Trump.
Beijing and Washington have likewise sparred over blame for the Covid-19 pandemic and China’s human rights record in Xinjiang and Hong Kong.
However China’s top diplomat Wang Yi has actually required both sides to “restart the discussion” and “rebuild mutual trust” with the incoming US administration of president-elect Joe Biden.
Xi and Schultz formerly met at a formal reception in Seattle during the Chinese leader’s state visit to the US in 2015.
( Other than for the headline, this story has actually not been edited by NDTV staff and is published from a syndicated feed.)
CLICK HERE TO LEARN MORE
( the heading, this story has actually not been published by Essential India News staff and is published from a syndicated feed.).