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MNI BRIEF: China Must Support Foreign Firms - He Lifeng

MNI (BEIJING)
MNI (Beijing)

China must create more opportunities for foreign firms to deepen their interests in China, Vice Premier He Ligfeng told Singaporean business representatives at a meeting in the Great Hall on Monday, according to Xinhua news.

De-risking and the diversion of capital to the U.S. could see German foreign direct investment into China fall this year to below the pre-Covid level of EUR5.5 billion, a senior trade representative told MNI recently. (See: MNI INTERVIEW:German-China FDI To Fall In 2024 - Snr Trade Rep)

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China must create more opportunities for foreign firms to deepen their interests in China, Vice Premier He Ligfeng told Singaporean business representatives at a meeting in the Great Hall on Monday, according to Xinhua news.

De-risking and the diversion of capital to the U.S. could see German foreign direct investment into China fall this year to below the pre-Covid level of EUR5.5 billion, a senior trade representative told MNI recently. (See: MNI INTERVIEW:German-China FDI To Fall In 2024 - Snr Trade Rep)

Keep reading...Show less