From better US-China relations to opening up the economy, here’s what Xi Jinping is promising American CEOs

News Snapshot:

The special meeting comes as world’s second largest economy has been facing a massive FDI slump due to a slower economy, regulatory crackdowns and bleak long-term growth prospects Chinese President Xi Jinping promised a ‘brighter future’ to over a dozen American CEOs and academics in a meeting and resounded confidence in the country’s “sound and sustainable” economy. The meeting comes as the Chinese economy has been facing a foreign direct investment (FDI) slump for quite some time due to a slower economy, regulatory crackdowns, and bleak long-term prospects. Advertisement Senior executives from Blackstone, Qualcomm, Bloomberg, FedEx, and Pfizer were among...