"Xi Jinping Assures American CEOs on China's Sound Economy Amid Waning Investment"

Chinese President Xi Jinping met with US business representatives in Beijing, following the China Development Forum attended by Apple CEO Tim Cook. China is seeking to stimulate its economy, which faces challenges such as a property crisis and declining exports. Tensions between the US and China have led to restrictions on China's access to advanced technology and disagreements over Taiwan and the South China Sea. US companies in China have criticized the business environment, and the US House of Representatives recently passed a bill that could lead to a ban on TikTok's Chinese parent company.