© Reuters. FILE PHOTO: Richard Adkerson, CEO of Freeport-McMoRan, speaks at a news conference at the CERAWeek energy conference by S&P Global in Houston, Texas, U.S. March 9, 2022. REUTERS/Nathan Frandino/File Photo
SAN FRANCISCO (Reuters) – Freeport-McMoRan Inc (NYSE:.N) Chief Executive Richard Adkerson said on Thursday he is “encouraged” by signs of improving relations between the world’s two biggest economies, including the talks held this week between U.S. President Joe Biden and Chinese President Xi Jinping.
“The world would be a better place if there is a reasonable relationship between China and the United States,” Adkerson said on the sidelines of the Asia Pacific Economic Cooperation (APEC) forum in San Francisco.
“We have to wait and see whether it’s a watershed moment or not,” he said, adding that the issues dividing the two countries are significant.
“This is not a situation where there’s going to be a magic wand to deal with all of the matters of concern between the two countries.”
Freeport is the world’s largest publicly traded producer, with operations across North and South America. China is the world’s biggest consumer of copper.
The company also…
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