Chinese President to Visit Seattle’s Tech and Aerospace Heads

Chinese President Xi Jinping is kicking off his first state visit to the U.S. with a stopover in Seattle to huddle with the biggest names in tech and aerospace.

The visit, which begins on Tuesday, provides a rare opportunity for Xi to exchange views with American executives, many of whom are eager to expand their businesses in China. But there will be tension too: tech CEOs, in particular, are wary of Beijing’s heavy-handed approach to Internet regulation and censorship.

Hacking and the Internet will be hot topics throughout the six-day U.S. tour. When Xi arrives in Washington, D.C., President Obama is expected to press the Chinese leader to halt cyberattacks on U.S. government agencies and corporations.

Beijing says it has nothing to do with the attacks, but Obama’s patience is clearly wearing thin. “We can choose to make this an area of competition — which I guarantee you we’ll win if we have to,” Obama said earlier this month.

via CNN

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza