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FX.co ★ China intends to attract investors to expand its economy

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Forex Humor:::2023-08-01T14:32:33

China intends to attract investors to expand its economy

Countries are ready to do their best to stimulate their economies. Thus, China has decided to reduce its political ambition and weaken its control over economic affairs. The country's authorities are opening the door to foreign investors to save the domestic economy.

Even such strict regimes as China realize that nowadays it is impossible to develop in isolation, especially from an economic point of view. Repression against foreign companies will sooner or later force them to leave the market. In the event of this, China will lose billions of dollars. To prevent a massive outflow of investments, the local authorities have launched a campaign aimed at increasing the region's investment attractiveness. China's financial regulators have organized a business meeting for the world's largest investors to find ways to boost economic growth in the country after the prolonged coronavirus lockdowns.

The participants have formulated their proposals for solving the problems their businesses are facing in China. They have also shared views on the country's future economic prospects. The Chinese authorities are trying to convince foreign investors to continue putting money into the local market despite the ongoing geopolitical tensions. In this light, investors have unveiled their biggest concerns, including a considerable political influence on the economy, the problem of national security, US restrictions on exports of advanced technologies and rare metals used for chip production, as well as increased government regulation in the domestic market. Now, Beijing is trying to strengthen the confidence of foreign investors through business negotiations despite the existing difficulties.

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