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China’s Xi calls on top executives to help ‘uphold global order’ as trade tensions with U.S. rise

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  Chinese President Xi Jinping met with global executives on Friday, March 28, 2025. CNBC | Evelyn Cheng BEIJING — Chinese President Xi Jinping on Friday met with global executives and made a case for investing in the country, as Beijing focuses on reaching out to businesses amid escalating trade tensions with the U.S. He said multinational companies had a big responsibility to “uphold global order” and that they needed to work hand in hand with China. Xi emphasized that China was a safe and stable place for foreign companies. “To invest in China is to invest in tomorrow,” he said in Mandarin translated by CNBC.  Echoing recent policy plans, Xi said that China would ensure fair opportunities for foreign businesses to participate in government procurement bids. More than 40 people, mostly foreign executives and business officials, attended the roundtable meeting with Xi, including Bridgewater Associates’ Ray Dalio, Standard Chartered CEO Bill Winters and Blacksto...

Russia spent years loathing the U.S. as its economy paid a high price for the war — now, it’s doing a U-turn

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  Russian President Vladimir Putin during a joint press conference with U.S. President Donald Trump in the Presidential Palace in Helsinki, Finland, on July 16, 2018. Jussi Nukari | Lehtikuva | Reuters Since invading Ukraine three years ago, Russia has spent a significant amount of energy demonizing the U.S. and denigrating its leadership, economy and culture — and what it saw as Washington’s “hegemony” in the global world order. U.S.-led international sanctions prompted more vitriol from Moscow, with Russian President Vladimir Putin and other senior officials slamming  the almost continuous slew of punitive restrictions on key sectors of the Russian economy and its elite , as the war continued. But the arrival of a friendlier administration under President Donald Trump and fledgling talks with the U.S. to end the conflict in Ukraine — as well as a way back in from the economic and geopolitical cold — are prompting a U-turn in Moscow, with the Kremlin dramatically softening th...