World News | Bill Gates visits China, leaders try to revive foreign business interests

BEIJING, June 15 (AP) – Microsoft Corp co-founder Bill Gates said he was in Beijing joining a string of foreign businesspeople visiting China as the ruling Communist Party tries to revive investor interest in the country.

Gates, who stepped down as Microsoft chairman in 2014, tweeted late Wednesday that he would be meeting with partners who had worked with his charitable foundation.

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Gates, however, is revered in China as an entrepreneur, giving Chinese leaders an opportunity to demonstrate their interest in foreign businesses by making any meetings with him public.

CEOs of global companies including Tesla Inc’s Elon Musk and Apple Inc’s Tim Cook visited China this year and met with Premier Li Qiang after the end of anti-virus controls that blocked most international, Top economic officials and cabinet ministers travel.

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“I’m excited to visit partners who have been working with @gatesfoundation on global health and development challenges for over 15 years,” Gates tweeted, without giving details.

The ruling party is trying to revive foreign interest in China’s slowing economy and appease pressure from antitrust and data security crackdowns, raids on consulting firms, tensions with Washington and alignment of their plans with official development goals And feel uneasy about the company. (Associated Press)

(This is an unedited and auto-generated story from a Syndicated News feed, the content body may not have been modified or edited by LatestLY staff)