Chinese officials' roadshows to attract foreign investment face skepticism due to Beijing's policies on foreign investment in sectors like rare earths.
Chinese officials' overseas roadshows to attract foreign investment face skepticism due to President Xi Jinping's policies. Investors question Beijing's stance on foreign investment in sectors like rare earths, a key point of US-China tension. These challenges were highlighted at a recent event in Singapore, where officials from Inner Mongolia promoted the region's rare earths sector, only for Beijing to tighten its regulatory control on such resources within days. These concerns make it more difficult for China to attract foreign capital to its economy.
July 04, 2024
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