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China touts itself as ‘harbour of stability’ to global CEOs

Premier Li Qiang paints contrast to US at business gathering in Beijing as Donald Trump gets bogged down in Iran

China sought to woo global chief executives including Apple’s Tim Cook, UBS’s Sergio Ermotti and HSBC’s Georges Elhedery in Beijing on Sunday, touting the country’s safety and reliability in stark contrast to a US bogged down in war with Iran.

Premier Li Qiang told more than 70 chief executives gathered in the Diaoyutai State Guesthouse for the government’s annual Davos-style forum that the world’s second-largest economy offered an unmatched supply chain and a predictable commercial environment.

The country was committed to being a “cornerstone of certainty” and a “harbour of stability” in the face of rising trade protectionism and upheaval in the rules-based international order, said Li.

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