{
  "id": 695171,
  "title": "US-China ‘Board of Investment’ stalls before expected Trump-Xi meeting",
  "url": "https://urgent.news/2026/08/12/us-china-board-of-investment-stalls-before-expected-trump-xi-meeting-695171",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-12T20:01:08.000Z",
  "source": {
    "name": "Reuters Business via SCMP",
    "slug": "reuters-business-via-scmp",
    "url": "https://www.scmp.com/news/us/economy-trade-business/article/3363829/us-china-board-investment-stalls-expected-trump-xi-meeting"
  },
  "original_language": "en",
  "account": null,
  "summary": "The US-China Board of Investment, established in May as part of the Trump-Xi summit, is unlikely to be a significant outcome of their expected meeting next month in Washington, according to the head of a leading bilateral business group. Sean Stein, president of the US-China Business Council, stated that neither side has initiated the consultation process for the board, indicating a lack of readiness for discussions with the private sector. The delay in the board's formation is attributed to differing views in the administration and Congress on the benefits and risks of increased Chinese foreign direct investment in the US, with some advocating for potential opportunities while others remain circumspect. Meanwhile, negotiations on the Board of Trade, another outcome of the summit, are progressing, with both sides focusing on finalizing non-sensitive sectors and products eligible for tariff-free trade capped at US$30 billion each.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "South China Morning Post",
        "title": "US-China ‘Board of Investment’ stalls before expected Trump-Xi meeting",
        "url": "https://urgent.news/2026/08/12/us-china-board-of-investment-stalls-before-expected-trump-xi-meeting",
        "published": "2026-08-12T20:01:08.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}