John Ramig News Today

Biden's U.S. Commerce Secretary Gina Raimondo visited Beijing on Tuesday and met with China’s Vice Premier He Lifeng.

BEIJING (Reuters) -- U.S. Commerce Secretary Gina Raimondo said U.S. companies have complained to her that China has become "uninvestible," point

"Increasingly I hear from American business that China is uninvestible because its become too risky," she said. Raimondo said American firms are facing new challenges, among them "exorbitant fines without any explanation, revisions to the counterespionage law, which are unclear and sending shockwaves through the U.S. community; raids on businesses - a whole new level of challenge and we need that to be addressed."

By David Shepardson BEIJING (Reuters) -U.S. Commerce Secretary Gina Raimondo said U.S. companies have complained to her that China has become

Analysis: Yuan loses core support as firms leave China | 2023-08-08 09:19:35

Since China opened to foreign investment in 1978 under Deng Xiaoping, global firms have ploughed in hundreds of billions of dollars to buy and build factories for market access and cheap labour, bolstering the Chinese currency. A gentle downtrend in foreign direct investment gave way to a steep drop last quarter and inflows to China slammed to their lowest since records began 25 years ago, raising the prospect that the long-term trend is turning. Corporate leaders and their advisers say a shif...

Since China opened to foreign investment in 1978 under Deng Xiaoping, global firms have ploughed in hundreds of billions of dollars to buy and build factories for market access and cheap labour,...

SHANGHAI/SYDNEY :Since China opened to foreign investment in 1978 under Deng Xiaoping, global firms have ploughed in hundreds of billions of dollars to buy and build factories for market access and cheap labour, bolstering the Chinese currency.A gentle downtrend in foreign direct investment gave way to a stee