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Transcripts For DW Business 20240714

International Companies Due to political tensions with beijing. Now china meanwhile has called on its biggest state firms to take a more active role in hong kong including stepping up investment and asserting more control of companies in the financial help beijing says its trying to calm months of unrest in the semi autonomous city. At a meeting this week in change in the city bordering hong kong Senior Executives from nearly 100. 00 of chinas largest state run Companies Including oil giant sinopec and conglomerate China Merchants Group were urged to do their part to help cool chinas biggest political crisis in years at the meeting the air so hes pledged to invest more in key Hong Kong Industries including real estate and tourism in a bid to create jobs for local citizens and stabilize Financial Markets the directive from beijing went further than to simply urge investment in Hong Kong Companies but to develop a controlling stake in companies the move would extend mainland chinas influ

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