New York, April 19, 2024 – A group of prominent business leaders gathered today in New York City for an exclusive discussion on the evolving landscape of US-China investment. The closed-door meeting featured key figures from both nations, including Craig Allen, President of the US-China Business Council, Ganesh Iyer, CEO of NIO US, Amy Lei, Vice President of Fuyao Glass America, Pin Ni, President of Wanxiang America Corporation, and Catherine Pan, Partner at Dorsey & Whitney LLP.
The discussion centered on the challenges and opportunities presented by the current state of US-China relations, with a particular focus on the recent decline in foreign direct investment (FDI) between the two countries. The leaders acknowledged the impact of geopolitical tensions, economic headwinds, and regulatory hurdles on investment decisions.
Despite the complexities, the group expressed a shared sense of optimism for the future of US-China economic engagement. They emphasized the enduring strength of the business rationale for cross-border investment and highlighted ongoing efforts by both countries to improve the investment climate. Leaders like Ganesh Iyer of NIO underscored the importance of collaboration and “partnership as the new leadership” in overcoming current obstacles and fostering future growth.
The meeting served as a platform for candid exchange and exploration of potential solutions to navigate the complexities of the US-China economic relationship. The shared commitment to open dialogue and cooperation among these influential business leaders signals a positive outlook for continued engagement and a potential rebound in US-China FDI in the years to come.
