China hasn't peaked, future is bright: Xi Jinping to US CEOs

China President Xi Jinping met with several US business leaders including FedEx CEO Raj Subramaniam and Qualcomm CEO Cristiano Amon in Beijing on Wednesday. "China didn't collapse as predicted by the 'China collapse theory,' nor will it peak as forecasted by the 'China peak theory'," Jinping told the leaders. "China's development has a bright future," he added.