President Barack Obama and Chinese President Xi Jinping take a walk at the Annenberg Retreat at Sunnylands in Rancho Mirage, California, on June 8, 2013. - 

Cybersecurity and Edward Snowden received most of the attention at high-level U.S.-China talks this week. Also high on the agenda? Foreign direct investment. The two countries discussed an agreement that would make it easier for American firms to do business in China and vice versa.

Marketplace's China Bureau Chief Rob Schmitz joins Mark Garrison to discuss.

Follow Rob Schmitz at @rob_schmitz