High Powered CEOs Meet with Obama and Hu to Discuss Business in China

Nicholas Johnston and Michael Forsythe

Chief executive officers from Microsoft Corp. and Goldman Sachs Group Inc. will be among the corporate leaders the Obama administration is bringing together today for a meeting with Chinese President Hu Jintao aimed at expanding U.S. business interests in China.

CEOs Steve Ballmer of Microsoft and Lloyd Blankfein of Goldman will be joined by General Electric Co.’s Jeffrey Immelt, Jim McNerney of Boeing Co. and 10 other U.S. business leaders for the meeting, the administration announced.

The CEO summit on the White House grounds, coming between a formal welcoming ceremony and a dinner in Hu’s honor, is part of the economic focus President Barack Obama is putting on the first formal state visit by a Chinese leader in more 13 years.

Also invited to the meeting were Westinghouse Electric Corp. CEO Aris Candris; former Sybase Inc. chief executive John Chen; Coca-Cola Co. chief executive Muhtar Kent; DuPont Co. CEO Ellen J. Kullman; Greg Page, CEO of Cargill Inc.; John Thornton, chairman of HSBC Holdings Plc’s North American division; David Rubenstein, co-founder and managing director of Carlyle Group; Paul Otellini, Intel Corp. CEO; and Dow Chemical Co. CEO Andrew Liveris.

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