By

Megan Cerullo

Reporter, MoneyWatch

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting.

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Updated on: May 14, 2026 / 11:23 PM EDT / CBS News

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Chinese President Xi Jinping told U.S. CEOs traveling with President Trump to China that it will open further to American business, a key goal for corporate leaders eager to expand their presence in the world's second-largest economy.

Xi spoke with the delegation of chief executives, which includes Apple CEO Tim Cook, Tesla CEO Elon Musk and Nvidia CEO Jensen Huang, according to a statement on Thursday from the Chinese Foreign Ministry.…