Business Standard

Tuesday, December 24, 2024 | 02:52 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Xi Jinping asks Starbucks's Schultz for help mending US-China ties

Chinese leaders have often tried to utilize ties with US business leaders to improve US-China relations, and have repeatedly stressed the role of commerce as a stabilizer in bilateral ties

Howard Schultz, Chairman Emeritus of Starbucks.
Premium

Howard Schultz, Chairman Emeritus of Starbucks.

Bloomberg News
President Xi Jinping called on Starbucks Corp. to help improve China-US ties, striking a business-friendly tone as the Biden administration prepares to take over in Washington.

“I hope Starbucks will make active efforts to promote China-US economic and trade cooperation and the development of bilateral relations,” Xi said in reply to a letter from Chairman Emeritus Howard Schultz. Xi’s letter was dated Jan. 6 and published Thursday by the official Xinhua News Agency.

“China has embarked on a new journey of comprehensively building a modern socialist country, which will provide a broader space for companies from all over the world,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in