China promises more openness to sceptical investors

China has promised foreign investors that it will be more open. But jaded by similar promises in the past, both US and EU investors remain sceptical.
Chinese President Xi Jinping promised more openness for foreign investors in China
Chinese President Xi Jinping promised more openness for foreign investors in China

China has promised greater openness to foreign investors. Jaded after similar promises in the past, they are waiting to see whether the Chinese government will match its words with effective action.

At the China International Import Expo in Shanghai on November 5, Chinese President Xi Jinping said “I have stressed many times, the door of China’s liberalization will not close, but only open wider.”

China intends to accelerate the promulgation of new regulations which will improve the openness and transparency of foreign investment laws. Foreign and local firms in China will receive equal treatment. And the country will accelerate the pace of its negotiations with the...

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