China’s Xi Jinping to meet with CEOs of BMW, Mercedes and Qualcomm this week, sources say

News Snapshot:

Open this photo in gallery: Chinese President Xi Jinping attends the closing ceremony of the National People's Congress, in Beijing, on March 11.Ng Han Guan/The Associated Press The global heads of German automakers BMW and Mercedes, as well as chip giant Qualcomm QCOM-Q are among foreign business leaders due to meet with Chinese President Xi Jinping this week, two sources said on Thursday. The meeting in Beijing planned for Friday comes as Chinese authorities seek to bolster ties with foreign companies amid a drop in investment and in the face of U.S. tariffs targeting the world’s second-biggest economy. The meeting...