German investment in China’s auto industry has been one of the few bright spots as foreign investment has slowed to a crawl.

During a recent meeting, President Xi Jinping addressed multinational CEOs, highlighting the importance of protecting global industry and supply chains amidst economic uncertainties and potential U.S.

Chinese President Xi Jinping called on global business leaders to push back against protectionism, seeking to take advantage of growing backlash to rising US tariffs to promote his country as a reliable partner.