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FX.co ★ China keeps door open for foreign investment

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Humour sur le Forex:::2023-08-09T13:46:51

China keeps door open for foreign investment

The Chinese government maintains an open-door policy and is trying to attract foreign capital to save the national economy. Such an approach shows that neither political nor ideological differences with Western partners can prevent parties from doing business. The West has long realized that money is not as important as reputation, which is why it so easily rejects Chinese investments. The US and Europe do not welcome Chinese capital amid geopolitical tensions with the US and its allies. It seems that the West can do without Chinese investments that may pose a threat to their national security. "By and large, the room for China to channel investment to foreign advanced economies is shrinking," Louis Kuijs, the S&P Global Ratings chief economist for Asia-Pacific, said. Currently, China is turning to its neighbors in the Asia-Pacific region, but the country has not established a good rapport there either. So far, Chinese businessmen have managed to invest in factories in Southeast Asia and mining and energy projects in Asia, the Middle East, and South America. Nevertheless, China gets the cold shoulder even in these regions sometimes.

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