Chinese President Xi Jinping seeks to reassure U.S. business leaders

On opening day of U.S. visit, Mr. Xi pledges to maintain economic reforms, cooperate on cybersecurity. The welcoming dinner was co-hosted by the U.S.-China Business Council, or USCBC, a nonprofit organization of some 220 U.S. companies that do business with China. USCBC’s president, John Frisbie, warned on Monday of “uncertainty” among U.S. business leaders about China’s slowing economic growth, its leaders’ commitment to reform, and strategic tensions in bilateral relations, especially over cybersecurity. “This evening’s event provided an important opportunity for business and government leaders to hear President Xi’s outlook firsthand,” Mr. Frisbie said in a statement after the speech on Tuesday. “More importantly, this policy address by President Xi was an opportunity for him to address the current uncertainties in the U.S.-China relationship.”