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Discussion on China's President Xi Jinping's visit to the APEC Summit and the disappointment of business leaders. Topics include fear for personal safety, budget cuts in NYC, counterfeit bust, GM contract, Hyundai on Amazon, resignation of Anheuser-Busch's CMO, Oakland A's move to Las Vegas, and Atlanta as the host city for the 2025 All-Star Game.
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Quick takeaways
- The APEC Summit in San Francisco concluded with China's President, Xi Jinping, attracting business leaders to a dinner, but disappointingly, he did not mention trade or investment in China, raising concerns about the future challenges.
- A Gallup poll reveals that Americans are currently more fearful for their personal safety than they have been in the past 30 years, with high levels of fear regarding walking alone at night, car theft, mugging, and hate crimes.
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Highlights from the APEC Summit
The APEC Summit in San Francisco concluded with China's President, Xi Jinping, attracting business leaders, including Elon Musk and Pfizer's Albert Borla, to a dinner. However, Xi did not mention trade or investment in China, disappointing the attendees. The meeting resulted in de-escalation and improved tones, but it is unlikely that this will last given the future challenges. Business leaders applauded when Xi mentioned the possibility of sending giant pandas back to the U.S. as a gesture of friendship.
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