# More than a dozen CEOs and top executives from companies such as Tesla, BlackRock, Illumina, Mastercard and Visa will accompany Trump on his visit.

*business · news · 2026-05-12 · The Economic Times*

## Key points

- Participation in the summit required companies to have a 'tangible ask' with a promise of concrete outcomes.
- Visa is seeking a 100% ownership stake in a future joint venture license to access China's domestic payments market.
- Meta faces a Chinese order to unwind its $2-billion-plus acquisition of AI startup Manus due to tech scrutiny.
- BlackRock's $23-billion ports acquisition near the Panama Canal faces Beijing criticism amid U.S. security concerns.

**Companies:** Tesla, BlackRock, Mastercard, Visa, Goldman Sachs, Citigroup, Illumina, Coherent
**Countries:** United States, China

[Read the full story on The Economic Times](https://economictimes.indiatimes.com/news/international/global-trends/us-ceos-seek-china-business-gains-from-trump-xi-summit/articleshow/131035448.cms)

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