Panel: Why are U.S. firms deepening presence in China?

Chinese President Xi Jinping has met representatives from the international business community in Beijing. Over the past week, heads of some 80 multinationals including Siemens, Apple, Samsung and Pfizer have flocked to China to seek new cooperation opportunities, with nearly 30 U.S. companies—more than any other foreign country—represented at the China Development Forum. Why are these firms still betting big on the Chinese market?

Host Ge Anna joins Ann Lee, Expert of China US economic relations and the author of the book "What the U.S. Can Learn from China"; Haolan Wang, Research Assistant at the Asia Society Policy Institute’s Center for China Analysis; Dr. John Gong, Professor with University of International Business and Economics.