American business leaders are heading to China for a summit with President Xi Jinping. They aim to resolve ongoing business challenges and secure new opportunities. Companies like Mastercard, Visa, Tesla, and BlackRock are seeking regulatory approvals and market access. The visit is seen as a political opening to accelerate discussions and unlock investment.

Trump will depart for Beijing in just under a week, alongside a delegation of U.S. CEOs primed to stake out deals with the country’s geopolitical rival.

Trump is set to meet with Chinese President Xi Jinping on Thursday.