From CNBC: 2024-03-27 05:06:29

Chinese President Xi Jinping met with U.S. business leaders to boost foreign investment amid tensions. Hopes to attract companies to China faced with geopolitical issues. China eases data export requirements but foreign investment in China fell to a three-year low. Middle Eastern and Japanese capital are targeting investment opportunities in China.

Amid U.S.-China tensions, top American executives attended China’s annual Development Forum. Meeting aimed at strengthening foreign investment in China. China eases data export requirements to attract investors. U.S. business delegation addressed concerns about China’s uncertain future. China aims for 5% economic growth this year.

Former U.S. Secretary of Commerce discusses challenges facing foreign businesses in China. Proposed creation of “Chief China Officer” position to bridge understanding between headquarters and China. Analysts express caution about China’s ambitious growth target of around 5%. Foreign direct investment in China dropped to a three-year low in 2023.

Chinese President Xi Jinping in talks with U.S. business executives to boost foreign investment. Beijing eases data export requirements while FDI in China falls to a three-year low. Middle Eastern and Japanese firms eye investment opportunities in China. Analysts caution over China’s ambitious 5% growth target amid economic challenges.

Read more: China’s Xi meets U.S. execs as businesses navigate bilateral tensions