Xi meets US academic and business representatives - Breaking news. President Xi Jinping met with representatives of the American business and academic communities today in Beijing.

Meeting is part of the Mandarin leadership's efforts to encourage foreign investment and reassure US companies in the face of a slowing economy. The meeting began around 11 local time (4 in Italy)," reported il Quotidiano del Popolo, the voice of the Party Chinese communist. Reproduction of this article is strictly prohibited in the U.S.