Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Sheikh Qassem: We, our allies, the honorable in our nation, our people, and our army will never accept being subservient to the US or 'Israel'
Sheikh Qassem: They must despair, for whatever they do, this people cannot be defeated or broken, and we shall neither fall nor yield
Sheikh Qassem: Threats neither advance nor delay matters, yet the possibility of war or its absence exists because 'Israel' and the US are weighing their options
Sheikh Qassem: All these threats are simply a form of political pressure after a whole year of efforts proved ineffective
Sheikh Qassem: 'Israel's' 'servants' in Lebanon are few, but they cause problems by obstructing the country’s stability, growth, and liberation alongside the US and 'Israel'
Sheikh Qassem: Weapons block 'Israel’s' project, and anyone seeking disarmament plays into 'Israel’s' hands
Sheikh Qassem: The agreement came because we held fast, empowered by our vision, our faith, our will, our people, our patriotism, and our unwavering attachment to our land
Sheikh Qassem: People of Might Battle was a confrontation by a modest force, incomparable to the enemy's strength, but it was noble in spirit, brimming with courage, resolve, and unwavering faith in victory
Sheikh Qassem: Today, Lebanon is under an Israeli aerial occupation
Sheikh Qassem: The project of "Israel" came crashing into the defenses of the People of Might Battle

Are Gates, others paving the way for foreign investment in China?

  • By Al Mayadeen English
  • Source: Agencies
  • 17 Jun 2023 17:14
  • 1 Shares
3 Min Read

Ross Feingold, a political risk analyst, says recent visits from Tesla's Elon Musk, JP Morgan's Jamie Dimon, and Apple's Tim Cook were all motivated by enticing Chinese buyers.

  • x
  • Gates
    Bill Gates during his meeting with Chinese President Xi Jinping in Beijing, China on Friday, June 16, 2023 (AP)

According to Ross Feingold, a political risk analyst, Bill Gates' recent visit to China is not surprising. 

Feingold told Sputnik that as soon as China eased its Covid-19 restrictions on travelers, Gates jumped at the chance. According to the World Tourism Organization, "There appears to be a lot of pent-up demand" to visit the PRC after the country abandoned its Covid-19 regulations in late 2022.

The Chinese President and Microsoft's co-founder expressed optimism that their relationship would continue, while Xi specifically noted that Gates was the "first American friend" he met in Beijing so far this year.  

Feingold stated that Gates' positive comments about China's pandemic handling come as "no surprise that as soon as there was an opportunity to do so, he would visit China and seek to expand joint initiatives between institutions in the PRC and the Bill & Melinda Gates Foundation."
 
The analyst added that "when Gates talks, people listen, and during his trip to China, and after meeting Xi, he has said positive things about the PRC’s contributions to public health."
 
Feingold recalled that the Gates Foundation announced it would give $50 million to the Global Health Drug Discovery Institute (GHDDI), a Gates Foundation-founded organization situated in China, the Beijing municipal government and Tsinghua University, "to improve health outcomes worldwide through lifesaving therapies for infectious diseases such as tuberculosis and malaria, which disproportionately affect the world’s poorest."

According to him, "Someone as influential as Gates will continue to be a friend to China," Feingold said, alluding to Beijing's attempts to "send the message to the global business community that the PRC welcomes foreign investment."

While questioned if Gates sought personal interests or worked as a form of ambassador while meeting with Xi, the analyst pointed out that after leaving the board of Microsoft in 2020, the billionaire has focused on charity endeavors, particularly public health.

The analyst noted that the billionaire seldom shares his views on making money but rather usually makes comments on technology issues like artificial intelligence, concluding that Gate's visit is "primarily about public health and the Gates Foundation cooperation with partners in China," the analyst underlined.

This year, a number of American business executives have traveled to China, praising its sizable market and the strong trade links that exist between the two global economic giants.

JPMorgan Chase CEO Jamie Dimon visited China in recent weeks, as did Tesla CEO Elon Musk; his first visit in more than three years.

Read more: Tesla's Musk praises China's 'vitality' on Beijing visit

In March, Apple CEO Tim Cook visited Beijing, stressing his company enjoyed "symbiotic" ties with China.

Feingold concluded that the purpose of all these excursions was to entice Chinese buyers.

"Even with recent data indicating slow economic growth in China, multinational corporations, including many from the United States and Western Europe, still hope to make money from China's enormous spending power."

  • China
  • Bill Gates
  • Xi Jinping
  • Beijing
  • Sputnik

Most Read

13 elite Israeli troops were wounded in a confrontations in Beit Jinn, Syria.

13 elite Israeli troops wounded in confrontations in southern Syria

  • West Asia
  • 28 Nov 2025
Hezbollah announces the martyrdom of Haitham al-Tabatabai

Hezbollah announces the martyrdom of commander Haitham Tabatabai

  • West Asia
  • 23 Nov 2025
A boy tries to stand near missiles displayed in the National Aerospace Park of the Revolutionary Guard, just outside Tehran, Iran, Thursday, Nov. 13, 2025 (AP)

Key Israeli sites destroyed, nuclear docs moved to Tehran: Minister

  • Politics
  • 22 Nov 2025
Hezbollah publishes biography of martyred leader Haitham al-Tabatabai

Hezbollah publishes biography of martyred leader Haitham Tabatabai

  • Politics
  • 23 Nov 2025

Coverage

All
In Five

Read Next

All
National Guard are seen after reports of two National Guard soldiers shot near the White House in Washington, Wednesday, November 26, 2025. (AP Photo/Evan Vucci)
Politics

NG shooting suspect belonged to CIA 'Zero Units' in Afghanistan

This satellite image taken by Airbus DS shows objects on the ground at the Saudi Maternity Hospital in el-Fasher, Sudan (AP)
Politics

Inside the RSF’s brutal campaign against El Fasher’s healthcare

Lebanon urges UN action as 'Israel' builds new walls inside its border
Politics

Lebanon files UN complaint over Israeli concrete walls inside border

UN slams 'Israel' over Gaza torture reports, urges full investigation
Politics

UN slams 'Israel' over Gaza torture reports, urges full investigation

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS