
US Building Walls While China Erecting Windmills
Against the backdrop of heightened global uncertainty, Beijing is sending its message to the world: As the US pursues protectionist“America First” policies, the world's second-largest economy is open for business.
The Chinese government has, on several occasions, iterated its determination to open up the Chinese economy. Its latest government work report , released in March, maps clear policies for high-standard opening up and optimizing the business environment for foreign investors.
Chinese Premier Li Qiang, again, urged for opening up at the CDF.“In today's increasingly fragmented world with rising instability and uncertainty, it is more necessary for countries to open up their markets and enterprises... to resist risks and challenges,” Li said .
But without going beyond business deals,“opening up” risks becoming an empty promise.
With interactions with foreign business leaders at the Diaoyutai State Guesthouse this week, Chinese policymakers intend to tell the world that in contrast to“high walls,” the country is taking concrete measures to attract foreign investments.

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
Comments
No comment