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US investment in China a talking point for Xi Jinping

Author
Newstalk ZB,
Publish Date
Thu, 16 Nov 2023, 8:10am
Chinese President Xi Jinping arrives to a bilateral meeting with U.S. Senate Majority Leader Chuck Schumer, D-N.Y., and his delegations at the Great Hall of the People in Beijing on Oct. 9, 2023. Photo / AP
Chinese President Xi Jinping arrives to a bilateral meeting with U.S. Senate Majority Leader Chuck Schumer, D-N.Y., and his delegations at the Great Hall of the People in Beijing on Oct. 9, 2023. Photo / AP

US investment in China a talking point for Xi Jinping

Author
Newstalk ZB,
Publish Date
Thu, 16 Nov 2023, 8:10am

China's economy looks to be at the front of Xi Jinping's mind ahead of his meeting with Joe Biden. 

The two are due to meet this morning in San Francisco ahead of the APEC summit, the first time they've met in a year. 

Xi's visit comes as China's economy is plagued by unprecedented housing prices, and record youth unemployment levels. 

University of Mary Washington Political Science Professor, Elizabeth Larus, told Mike Hosking that Xi is pleading with US businesses to keep investing in China. 

She says China can't really do due diligence with US investors as US investment has nearly dried up due to a national security law making investors more cautious. 

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