Xi Pledges ‘Heart-Warming’ Steps to Attract Foreign Capital
- Chinese leader vows to create ‘world class’ business market
- Comments are his first in US trip addressing economic concerns
Xi Jinping.
Photographer: Carlos Barria/AFP/Getty Images
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Chinese President Xi Jinping pledged to make it easier for foreigners to do business in his country, in highly anticipated remarks delivered to a major summit, as corporate confidence wanes in the second-largest economy.
The Chinese leader vowed his nation would create a “world-class business environment” and improve mechanisms for protecting the rights of international investors, in a written speech published Thursday at a CEO forum being held in California.