Xi Jinping Urges More U.S. Investment in China, Says Economy Still Has Room to Grow
• U.S. business executives met with Chinese President Xi Jinping in Beijing to discuss investment in China • Xi told executives he wants more investments from U.S. companies and that China's economy hasn't peaked • Xi said China will continue reforms and opening up its economy to foreign investment • China recently released a plan to attract more foreign investment amid weak domestic demand • Chinese economic data shows industrial output grew 7% in Jan-Feb, beating forecasts, but property investment fell 9%