U.S. President Barack Obama arrived Saturday in this teeming business capital for the first leg of an Asian trip touted as a chance to enhance U.S. relations on the continent.

But he made clear that one domestic goal was every bit as paramount: repairing his rocky relations with business. After the “shellacking” his Democratic Party took in Tuesday’s midterm elections, the U.S. president has been on a charm offensive with business, which pumped hundreds of millions of dollars into the congressional campaigns, much of it for Republicans.