China is rolling out the red carpet to attract foreign executives
Publishing timestamp: 2023-03-02 20:02:17
Summary
China is working hard to keep foreign businesses investing in the country, such as Apple and its supplier Foxconn, as sentiment towards China has dropped. The Chinese government is launching events for "Invest in China Year" and has sent government-led groups abroad to make sales pitches for China. The Chinese Commerce Minister has acknowledged foreign businesses' longstanding complaints about government procurement policies that favor local Chinese businesses.
Sentiment: MIXED
Tickers: 2354-TW, MBG-DE, MBG-FF, AAPL, PFE,
Keywords: stock markets, apple inc, foxconn technology co ltd, mercedes benz group ag, market insider, business news, markets, pfizer inc,