"China Urges Foreign Businesses to Address Investment Slump"

China's Ministry of Commerce met with foreign businesses to address operating challenges, but little progress was made on major issues such as data export rules and forced technology transfers. Foreign direct investment into China has fallen to its lowest level in three years amid geopolitical tensions and slowing growth. U.S.-China tensions have eased since President Biden and President Xi Jinping's meeting, with increased official and non-official visits between the two countries. China next week kicks off its annual parliamentary meetings to discuss economic and other policy.