Wynn CEO joins US business delegation in talks with Chinese foreign minister
Craig Billings participated in a US-China Business Council meeting focused on market access, trade relations and business stability in China.
China.- Wynn Resorts chief executive officer Craig Billings was among a group of senior US business leaders who met with Chinese Foreign Minister Wang Yi in New York to discuss trade, investment and market access amid efforts to strengthen bilateral economic ties. The meeting, organised by the US-China Business Council (USCBC), brought together executives from some of the largest US corporations alongside representatives from the National Committee on US-China Relations (NCUSCR), universities and think tanks.
Discussions reportedly focused on improving market access for foreign companies, ensuring a level playing field for US businesses operating in China and fostering a more predictable and stable business environment. According to USCBC, participants also discussed the outcomes of the recent summit between US President Donald Trump and Chinese President Xi Jinping in Beijing, with business leaders expressing support for efforts aimed at bringing greater stability to the relationship between the world’s two largest economies.
USCBC President Sean Stein described the meeting as an opportunity to gain further insight into the agreements reached by the two presidents and to raise concerns affecting US companies operating in China.
“The consensus between President Trump and President Xi is bringing much-needed stability and predictability to the relationship. We are now looking for the two sides to focus on the long-standing barriers and market access issues that harm business and undermine stability,” Stein said in a press release.
As one of the six gaming concessionaires in Macau, Wynn has a strong interest in developments in China’s economic and regulatory landscape. USCBC is a private, non-partisan, non-profit organisation of major American companies that do business in China. The delegation also included executives from Chubb, Merck & Co., The Estée Lauder Companies, Atlas Air Worldwide and Condé Nast.