financetom
Business
financetom
/
Business
/
Factbox-Hedge funds, pharma CEOs on list of attendees for China business summit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Factbox-Hedge funds, pharma CEOs on list of attendees for China business summit
Mar 17, 2025 9:24 PM

BEIJING (Reuters) - Dozens of foreign CEOs will visit Beijing this month for a flagship business conference and some will meet with President Xi Jinping, as China seeks to attract foreign investment to offset U.S. tariffs and sluggish domestic consumption.

The annual China Development Forum will take place March 23-24 at Beijing's Diaoyutai State Guesthouse, while the Xi meeting is scheduled for March 28, one source familiar with the matter told Reuters.

Here are some of the top names attending, according to a full list of overseas delegates seen by Reuters. Unlike in previous years, Apple CEO Tim Cook does not appear.

U.S. FIRMS

In addition to the CEOs of Qualcomm, FedEx, Standard Chartered, Citadel, Bain and KPMG, Pfizer CEO Albert Bourla, Blackstone's CEO and co-founder Stephen Schwarzman, Chubb CEO Evan Greenberg and Mastercard CEO Michael Miebach are scheduled to attend. Greenberg, Schwarzman, Miebach and Bourla have attended the forum in previous years.

Notably, the CEOs of chipmaker Broadcom and chip designer Synopsys also appear on the list.

The CEOs of Brookfield Asset Management, investment fund Franklin Templeton and pharma giants Eli Lilly and Medtonic will also attend.

EUROPEAN FIRMS

Apart from executives at Siemens, Nestle, Deutsche Bank, BMW and Mercedes-Benz, CEOs of shipping firm Møller-Mærsk, Schneider Electric, Thyssenkrupp AG, Inter IKEA Group, Schaeffler Group, insurer Swiss Re and tech manufacturer ZF Group will be present.

Bosch chairman Stefan Hartung will also attend.

BANKS AND HEDGE FUNDS

The finance sector is strongly represented in this year's attendees. HSBC Group Chief Executive Georges Elhedery is on the list, as well as BNP Paribas Chairman Jean Lemierre, Societe Generale Chairman Lorenzo Bini Smaghi and Nomura Holdings Chairman Koji Nagai.

From the insurance sector, notable names include Prudential CEO Anil Wadhwani and AIA Group CEO Yuan Siong Lee.

PHARMA GIANTS

Swiss pharma manufacturer Novartis CEO Vasant Narasimham and AstraZeneca CEO Pascal Soriot will be present, according to the list. British healthcare giant GlaxoSmithKline will also send CEO Emma Walmsley.

CONSUMER, LUXURY, ENGINEERING

The CEOs of Unilever, Roland Berger, Hitachi and U.S. luxury fashion conglomerate Tapestry appear on the list. In addition to American chip firms, South Korean chip giant SK Hynix is sending its CEO Kwak Noh-Jung. Brazilian aerospace manufacturer Embraer's CEO Francisco Gomes Neto and Indian steelmaker Tata Sons Chairman Natarajan Chandrasekaran will also attend.

COMMODITIES

This year also marks a strong showing for mining firms, with the CEOs of Australian miner BHP, Anglo American, Brazil's Vale SA and Fortescue on the list.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BMO on The Day Ahead in Canada
BMO on The Day Ahead in Canada
Oct 17, 2025
07:35 AM EDT, 10/17/2025 (MT Newswires) -- Canada will release the August figures on international securities transactions at 8:30 a.m. ET Friday, said Bank of Montreal (BMO). As a reference, for July, foreign investors acquired $26.7 billion of Canadian securities, split between debt ($14.8 billion, of which $3.7 billion were bonds and $11.1 billion were money market instruments) and equities...
Polish court rules against sending Ukrainian Nord Stream suspect to Germany
Polish court rules against sending Ukrainian Nord Stream suspect to Germany
Oct 17, 2025
* Polish court rules against sending Ukrainian suspect to Germany * Volodymyr Z. wanted in connection with Nord Stream bombings * Polish PM says he should not be given to Germany * Warsaw is a long standing critic of Nord Stream (Recasts with court's decision) By Marek Strzelecki and Anna Koper WARSAW, Oct 17 (Reuters) - A Polish court on...
Boston Scientific to Acquire Remaining Shares of Nalu Medical for $533 Million
Boston Scientific to Acquire Remaining Shares of Nalu Medical for $533 Million
Oct 17, 2025
07:34 AM EDT, 10/17/2025 (MT Newswires) -- Boston Scientific ( BSX ) said Friday it has agreed to acquire the remaining shares of Nalu Medical it does not own for $533 million in cash. Nalu develops and commercializes neurostimulation products for chronic pain. Boston Scientific ( BSX ), which first invested in Nalu Medical in 2017, said the transaction price...
Six Flags Entertainment adds Sachem Head executive to board
Six Flags Entertainment adds Sachem Head executive to board
Oct 17, 2025
NEW YORK, Oct 17 (Reuters) - Six Flags Entertainment ( FUN ) is adding an executive from activist hedge fund Sachem Head Capital Management to its board at a time the theme park operator is facing pressure from several investors to perform better. The company said on Friday that it appointed Sachem Head partner Jonathan Brudnick to the board, expanding...
Copyright 2023-2026 - www.financetom.com All Rights Reserved