Washington and Beijing are finalising a delegation of Chinese business leaders for President Xi Jinping’s upcoming visit to Washington, with invitations expected to go out in the coming days. Companies under consideration include BYD, Xiaomi, CATL, Gotion, Hisense, Wanxiang Group and state-owned Bank of China. Several face US sanctions, blacklisting, tariffs or other regulatory pressure. Chinese companies have been told to prepare pending a weekend meeting between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, while the State Department is expected to approve US visas. Beijing is seeking reciprocity after Trump brought executives from Micron, Qualcomm and Illumina to Beijing in May. The Chinese executives are expected to attend a White House state dinner, but a proposed US-China CEOs’ roundtable was rejected by the White House. Summit priorities include a Board of Trade agreement, additional rare-earth export licences for US companies and an extension of the trade truce reached last October in South Korea.