US business leader urges closer ties with China

WASHINGTON / BEIJING - The United States should advance economic ties with China to reduce the adversarial nature of the relationship between the world's two largest economies, the head of the US Chamber of Commerce said.

"Our country should make a major effort to attract global investors," said Thomas Donohue, president and CEO of the chamber.

"Foreign investment already supports 5 million direct jobs and millions of indirect jobs. We need to negotiate more bilateral investment treaties ... India and China should be high on that list," Donohue said during his annual State of American Business speech on Thursday.