Xi: China ready to be partner and friend of US

China is ready to be a partner and friend of the United States, and there is plenty of room for bilateral cooperation, President Xi Jinping told American executives in San Francisco on Wednesday, as Beijing looks to reassure global business and counter his country's struggles to entice foreign investment.

The U.S. executives dined with Xi on the margins of the Asia-Pacific Economic Cooperation (APEC) forum following a day of talks between Xi and U.S. President Joe Biden, aimed at steadying relations between the world's two largest economies.