China’s neighbors are wooing American CEOs. The CEOs are listening.

News Snapshot:

China’s neighbors are trying to capitalize on current tensions with the US by wooing American CEOs who are more open to making their goods in other parts of Southeast Asia. The lobbying from China's Asian rivals was on full display this past week at the Asia Pacific Economic Cooperation (APEC) Summit in San Francisco, even as Chinese President Xi Jinping tried to make his own case for why the US business world should keep its money with him. On a day when Xi and President Joe Biden huddled at a resort roughly 35 miles away, American CEOs and leaders from...