China: Xi Jinping meets US executives, tries to woo foreign investors


Source: firstpost.com firstpost.com

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Beijing hopes to accelerate the expansion of the second-biggest economy in the world after FDI declined by 8% in 2023 as a result of investor anxiety over an anti-espionage law, exit restrictions, and raids on consultancies and due diligence businesses Even though Chinese leaders openly court international investors, many businesses are unsure of when to cross the line due to Xi's growing emphasis on national security Image Courtesy Reuters At the Great Hall of the People in Beijing on Wednesday, Chinese President Xi Jinping met with American business leaders. This is part of the government’s efforts to win back foreign...