He said that "the Xi-Gates meeting appears to be an effort by the Chinese government to improve" their country's image because "when Gates talks, people listen, and during his trip to China, and after meeting Xi, he has said positive things about the PRC’s contributions to public health."
It is something which "ensures that going forward, someone as influential as Gates will continue to be a friend to China," Feingold pointed out, referring to Beijing’s efforts to "send the message to the global business community that the PRC welcomes foreign investment."
"Gates does publicly share his views on technology issues such as artificial intelligence and clean tech. However, in his public comments, he usually doesn't discuss much about how to make money, whether for Microsoft, himself, or investors in general. So his visit to China is primarily about public health and the Gates Foundation cooperation with partners in China," the analyst underlined.
"Even with recent data indicating slow economic growth in China, multinational corporations, including many from the United States and Western Europe, still hope to make money from China's enormous spending power," he concluded.