Opinion | At the Xi-Trump Summit, the CEOs Upstaged the Presidents

2026-05-22 16:00
Tesla CEO Elon Musk, right, arrives with his son X Æ A-Xii for the meeting between Chinese Premier Li Qiang and U.S. business representatives, at the Great Hall of the People in Beijing, May 14, 2026. (AP)
Tesla CEO Elon Musk, right, arrives with his son X Æ A-Xii for the meeting between Chinese Premier Li Qiang and U.S. business representatives, at the Great Hall of the People in Beijing, May 14, 2026. (AP)

The Trump-Xi summit held in Beijing from May 13 to 15 concluded without the major breakthroughs many had anticipated. President Donald Trump led a delegation of American business executives to meet with Chinese President Xi Jinping (習近平) in what Beijing choreographed as a grand display of great-power diplomacy — complete with a military parade, a visit to the Temple of Heaven, a tour of Zhongnanhai, and a state banquet at the Great Hall of the People. The more elaborate the staging, the more conspicuous the gap between ceremony and substance. The summit eased the temperature of short-term confrontation, but it did not deliver the concrete outcomes the world was watching for.

What deserves closer attention is who accompanied Trump — and what their behavior on the ground actually signaled. Elon Musk, chief executive of Tesla; Tim Cook, Apple's CEO and soon-to-be executive chairman; and Jensen Huang (黃仁勳), chief executive of NVIDIA — three figures representing electric vehicles, the smartphone supply chain, and AI chips, respectively. Together, their conduct throughout the summit sent a consistent message: American business does not want a full-scale adversarial relationship between the United States and China.

Musk Turned the Great Hall Into a Family Photo Op

Musk was the most unconventional presence at the summit. He did not merely accompany Trump to Beijing — he brought his six-year-old son, X Æ A-Xii, into the Great Hall of the People and to the state banquet. The child appeared in a Chinese-style embroidered vest and carried traditional folk toys, introducing a domesticated, almost casual warmth into one of the most formally charged political venues in the world. That is not normal diplomatic behavior.

The Great Hall of the People is a space engineered to concentrate power, project state protocol, and deliver political messaging. Musk converted it into something closer to a family social media moment. In front of cameras, he mugged, clowned, and projected a playful informality that would have read as undignified on a conventional statesman, but on Musk registers as a deliberate form of political brand identity.

The commercial logic underlying this performance is straightforward. Tesla operates a Gigafactory in Shanghai and maintains an extensive sales and service network across China. Even accounting for the controversy over a Xinjiang showroom, Musk's entanglement with the Chinese market runs far deeper than that of most foreign corporations. China is not a market Tesla can readily walk away from — it is embedded in the company's global production system, revenue base, and political risk calculus.

The 12 American business executives and cabinet members who accompanied Trump on his visit. (Associated Press)
The 12 American business executives and cabinet members who accompanied Trump on his visit. (Associated Press)

Cook's Thumbs-Up Was a Supply Chain Signal

Tim Cook maintained his characteristic steadiness throughout the summit. Leaving the Great Hall of the People, he flashed a thumbs-up and a victory sign at cameras — not a polite diplomatic smile, but a carefully managed expression of warmth and de-escalation. The timing carries additional weight: Cook has announced he will step down as CEO and transition to executive chairman, handing operational leadership to his successor. This Beijing visit carried the added purpose of securing Apple's relationship with China across a leadership transition.

Apple's structural dependence on China has not meaningfully changed. From manufacturing to consumer sales, Apple cannot exit China quickly. Even as the company has worked in recent years to diversify some production capacity to India and Southeast Asia, China remains its core manufacturing base and a consumer market too large to ignore. Cook's primary objective in Beijing was not to project toughness. It was to preserve stability.

His gestures at the camera were a message directed simultaneously at Beijing, Washington, investors, and suppliers: Apple needs the U.S.-China relationship to remain functional. For Apple, China is not an abstract ideological question — it is a concrete matter of factories, components, logistics, retail, and share price.

Jensen Huang's Noodle Bowl Said More Than the Negotiations

NVIDIA chief executive Jensen Huang offered the summit's most street-level moment. While Beijing staged a formal state banquet at the Great Hall featuring elaborate traditional dishes, Huang slipped away from the official proceedings to eat zhajiangmian — a classic Beijing noodle dish — at a local restaurant, wash it down with an inexpensive bubble tea, and stand in the shop doorway finishing his bowl in full view of the street. The image drew attention not merely because it was charming, but because of who Huang is and where he sits within the U.S.-China technology conflict.

Advanced AI chips are no longer ordinary commercial goods. They are strategic national resources. China did not secure a clear commitment to purchase NVIDIA's H200 chips during the summit, and U.S. export controls were not relaxed. Yet the fact that Huang boarded Air Force One at the last moment to join the delegation signals, in itself, that cutting-edge semiconductors have been placed at the most sensitive point of U.S.-China negotiations.

When Business Diplomacy Fills the Gap Left by Governments

On the return flight, Trump framed the summit's results in characteristic terms: a personal negotiating triumph, a display of strength, a political victory. What Musk, Cook, and Huang actually demonstrated on the ground was more instructive — and more durable. Through family warmth, deliberate gestures, and street-level interactions, they modeled a different mode of engagement, one that keeps a soft buffer zone in the U.S.-China relationship even when official diplomacy stalls.

The summit's pageantry belonged to the governments. The more consequential signals came from the business delegation.

*The author holds a Ph.D. in philosophy from the University of British Columbia, Canada, and is an associate professor recognized by Taiwan's Ministry of Education, as well as a practicing psychiatrist. (Related: Taiwan Independence Shrinks to a Slogan Under Lai Ching-te Latest


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