Daily Tribune (Philippines)

China lures foreign investors

AMERICAN TRADERS INCLUDED China has been one of the most favored investment destinatio­ns for companies from around the world for many years

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BEIJING, China (Xinhua) — A Chinese Foreign Ministry spokesman said Thursday that China will always welcome foreign companies, including United States companies, to invest and operate in China.

Spokesman Geng Shuang made the remarks at a press briefing when asked to comment on the accusation by some US officials, lawmakers and media organizati­ons that China manipulate­s US enterprise­s and forces them to abandon their values.

In recent years, China’s business environmen­t for foreign investors has continued to improve, and China has been one of the most favored investment destinatio­ns for companies from around the world for many years, Geng said.

“As for US companies, according to the latest survey data I have seen, 97 percent of surveyed US companies made profits in China, and 74 percent of the members of the American Chamber of Commerce in China plan to expand investment in China,” Geng said.

“If certain US people were to be believed, could it be said that all these US companies have been forced to abandon their values, and that they were all manipulate­d by

China?” Geng said. Geng said that China’s policies to create a favorable environmen­t for foreign companies will not change, nor will the policies to protect the legitimate rights and interests of foreign companies. China will also actively interact with the internatio­nal community on the basis of mutual respect, equality and mutual benefit, and welcomes foreign institutio­ns and individual­s to come to China for exchanges and cooperatio­n, the spokesman added.

 ??  ?? CHINESE Vice Premier Liu He attends a new round of high-level economic and trade consultati­ons with US Trade Representa­tive Robert Lighthizer and Treasury Secretary Steven Munchin in Washington on Thursday.
CHINESE Vice Premier Liu He attends a new round of high-level economic and trade consultati­ons with US Trade Representa­tive Robert Lighthizer and Treasury Secretary Steven Munchin in Washington on Thursday.

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