Global investors eye south Shanghai as COVID-19 wanes


Source: leportale.com leportale.com

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Ti Gong Christophe Babule , CFO of L'Oréal Group, has an online meeting with Zhuang Mudi , the Party secretary of Fengxian , on Sunday. Tens of billions of yuan in investment deals were signed between several multinational enterprises and Shanghai 's Fengxian District on Sunday during the first cloud investment meeting amid the city's COVID-19 resurgence . The deals entail 33 investment projects worth more than 20 billion yuan (US$3 billion), including the first investment company in China from cosmetics giant L'Oréal , which will be based in the core area of Oriental Beauty Valley in Fengxian . "The...