• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipChina
Asia

China’s vice president makes a stop to see Elon Musk on his way to Trump’s inauguration

By
Lionel Lim
Lionel Lim
Asia Reporter
Down Arrow Button Icon
By
Lionel Lim
Lionel Lim
Asia Reporter
Down Arrow Button Icon
January 20, 2025, 4:42 AM ET
China's Vice President Han Zheng meeting Britan's Chancellor of the Exchequer Rachel Reeves (not pictured) at the Great Hall of the People in Beijing on Jan. 11, 2025.
China's Vice President Han Zheng meeting Britan's Chancellor of the Exchequer Rachel Reeves (not pictured) at the Great Hall of the People in Beijing on Jan. 11, 2025.Florence Lo—Pool/AFP via Getty Images

Donald Trump’s second inauguration on Monday is already bucking the trend with several heads of state, like Argentinian president Javier Milei and Italian prime minister Giorgia Meloni expected to be in attendance. 

Asia hasn’t been left out. Trump extended an invitation to Chinese president Xi Jinping to attend the inaguration. Xi is instead sending Vice President Han Zheng to the celebrations in Washington D.C. India’s foreign minister S. Jaishankar will also be at the inauguration.

China’s Han is already in the U.S., and has been busy meeting business leaders ahead of the inauguration. According to Chinese state news agency Xinhua, Han met representatives from the U.S.-China Business Council, the U.S. Chamber of Commerce, and billionaire Tesla CEO Elon Musk.

Han urged U.S. companies, including Tesla, to “seize the opportunity, share the fruits of China’s development, and make new and greater contributions to promoting China-U.S. economic relations.” 

Tesla has a large footprint in China, as one of the top sellers of EVs in the world’s largest car market. It also operates a Gigafactory in Shanghai, the first car plant in China to be wholly-foreign owned. 

Nominations are now open:
Fortune is now accepting nominations for the 2025 Southeast Asia 500—the definitive ranking of the region’s largest companies. Start your nomination here.

 

 

 

On Sunday, China’s vice president also met JD Vance, the U.S. vice president-elect. The two discussed fentanyl and trade issues, according to CBS News, citing Trump transition officials.

Han’s role as vice president is largely ceremonial, as he does not have a seat on the Politburo, China’s equivalent to a presidential cabinet. Still, he’s the most senior Chinese official to attend a U.S. inauguration. 

On the campaign trail, Trump threatened to impose steep tariffs, as high as 60%, on China. After winning the election last November, he pledged to impose an additional 10% tariff on Chinese goods. Yet economists now think that Trump’s tariffs may not be quite as bad as feared; earlier this year, Goldman Sachs chief economist Jan Hatzius predicted that Trump might impose an average of tariff of 20%.  

Trump and Xi spoke on Friday, according to posts on Trump’s Truth Social account. The two talked about trade, fentanyl, and TikTok. “The call was a very good one for both China and the U.S.A.,” Trump wrote.

TikTok restored its services in the U.S. after briefly going offline on Sunday, after Trump promised to pass an executive order to delay the enforcement of the divest-or-ban law. Trump also said he would seek a joint venture that puts 50% of TikTok in U.S. hands. The ByteDance-owned social media platform publicly thanked Trump in a statement on Monday. 

And Trump might be making an early trip to Beijing. The Wall Street Journal, citing people familiar with discussions, reported that Trump wants to visit China within his first 100 days. Trump last visited China in 2017, about a year into his first term as president.

Trump is also considering a trip to India as well, reports the Wall Street Journal. The U.S. president-elect last visited the South Asian country in 2020.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
By Lionel LimAsia Reporter
LinkedIn icon

Lionel Lim is a Singapore-based reporter covering the Asia-Pacific region.

See full bioRight Arrow Button Icon

Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Leadership

Brian Niccol speaks and gestures in front of a blue and green background.
C-SuiteStarbucks
Starbucks CEO admits the chain ‘ran like a manufacturing facility’
By Sasha RogelbergMarch 23, 2026
7 hours ago
trump
C-SuiteBook Excerpt
I’ve known Trump for 25 Years and advised 5 presidents. Here’s the playbook he’s been running—and why underestimating him is a mistake
By Jeffrey Sonnenfeld and Steven TianMarch 23, 2026
9 hours ago
students take notes in a lecture hall
SuccessColleges and Universities
High Point University has turned ‘life skills’ into a magnet for the Wall Street elite with a 99.2% job placement rate
By Preston ForeMarch 23, 2026
11 hours ago
Warren Buffett with Creighton basketball temporary tattoos on his face
C-SuiteNCAA March Madness
Kalshi takes a page from Warren Buffett’s March Madness playbook by offering $1 billion for a perfect bracket
By Jacqueline MunisMarch 23, 2026
11 hours ago
C-SuiteNCAA March Madness
Meet the billionaires bankrolling March Madness Sweet 16 schools—from the Dallas Cowboys owner to Carlyle Group’s founder
By Sydney LakeMarch 23, 2026
12 hours ago
woman in blue button down looking at a piece of paper
Future of WorkHiring
‘AI killed the cover letter.’ This Wharton economist says the hiring ritual’s days are numbered
By Catherina GioinoMarch 23, 2026
12 hours ago