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Premier Says China Open to Foreign Business

2024-06-22OANDAOANDA
Chinese President Xi Jinping has sought to reassure US business leaders, in a wide-ranging speech covering China’s economic reforms and cyber crime. Speaking in Seattle at the start of his state visit to the US, Mr Xi said foreign firms were welcome in China, and that Beijing would not manipulate its currency to boost exports. […]

Chinese President Xi Jinping has sought to reassure US business leaders, in a wide-ranging speech covering China’s economic reforms and cyber crime.

Speaking in Seattle at the start of his state visit to the US, Mr Xi said foreign firms were welcome in China, and that Beijing would not manipulate its currency to boost exports.

He also denied Beijing engages in hacking but said China would co-operate with Washington on the issue.

Both issues have led to strained ties.

Hacking and economic reforms are expected to come up when Mr Xi meets his US counterpart Barack Obama at the White House on Friday.

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