Xi Jinping says China open to foreign business amid economic reforms

Chinese President Xi Jinping has sought to reassure US business leaders, in a wide-ranging speech covering China's economic reforms and cybercrime. Speaking in Seattle, Mr Xi said foreign firms were welcome in China, and that Beijing would not manipulate its currency to boost exports.

He also denied Beijing engages in hacking but said China would co-operate with Washington on the issue. Both issues have strained US-China relations in recent years.

The BBC's West Coast correspondent James Cook says hacking and economic reforms are likely to come up when Mr Xi meets his US counterpart Barack Obama on Friday.