China promised US billionaires a triple benefit from doing business with Beijing

Chinese Foreign Ministry called US - China relationscool as the weather in early spring,and for the development of relations between the two countries called on Washington to move towards BeijingQin Gang (third from right) at a meeting with representatives of the American business community

China's openness after the COVID-19 pandemic and its strong economic recovery will be a "triple" benefit for American business, despite the cold relations between Beijing and Washington, Chinese Foreign Minister Qin Gang said, Bloomberg reports citing the Chinese Foreign Ministry.

The announcement came after Qin's meeting with American business leaders in Beijing. The head of the Chinese Foreign Ministry called relations between China and the United States cool, like the weather in early spring, the agency notes.

A statement released by the ministry said that, according to Qin, Sino-US relations are the most important in the world. The minister believes that if they develop well, then the world wins, if not, then it suffers.

Qin Gang also said that the development of relations between Beijing and Washington requires the United States to go towards China.

“It is hoped that the United States will abandon the logic of the zero-sum game, stop the unscrupulous methods of curbing and suppressing China, and work with China to advance China-US relations to overcome the current difficulties and return them to a healthy and stable track,” they said. at the Ministry of Foreign Affairs of China.

Among others, the summit was attended by Apple CEO Tim Cook ($1.8 billion according to Forbes), Qualcomm President Cristiano Amon, Pfizer CEO Albert Burla, Bridgewater Associates founder Ray Dalio ($19.1 billion).

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Relations between China and the United States have deteriorated in the past year. One of the reasons was the issue of Taiwan (PRC considers the island part of its territory), where in August the former speaker of the US House of Representatives, a member of the Democratic Party, Nancy Pelosi, arrived. Beijing condemned the visit and imposed sanctions against her . In addition, the Chinese military conducted several exercises near Taiwan. In early March, the new Speaker of the House of Representatives, Republican Kevin McCarthy, announced his intention to visit the island.

In February, the US military shot down a Chinese balloon over the Atlantic Ocean, which had previously been detected in US airspace. The Pentagon said that the apparatus was engaged in monitoring strategic facilities in the United States. Beijing said that the balloon was used for meteorological purposes, considered the US actions "an overreaction" and claimed the right to respond to them.

Another problem between Beijing and Washington was the question of the military operation in Ukraine. The US authorities believe that China can provide military support to Russia. In particular, Secretary of State Anthony Blinken announced Beijing's alleged intention to send weapons to Moscow. At the same time, according to the head of the Pentagon, Lloyd Austin, the United States does not currently see Beijing providing material support to Moscow. A similar statement was made by US President Joe Biden . There is no evidence of military assistance to Russia from China and the EU, said the head of the European Commission, Ursula von der Leyen.

The Chinese Foreign Ministry called Washington's statements about potential military assistance to Russia spreading disinformation and shifting responsibility, pointing out that the United States has been continuously supplying weapons to Kyiv since the beginning of the conflict in Ukraine. Russia also made a rebuttal about the military aid . “This has been repeatedly refuted in Beijing, so these are such accusations that are more of an on-duty nature,” said presidential spokesman Dmitry Peskov.