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Page 17 - சீனா தினசரி ஆசியா செய்தி வலைப்பின்னல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Multinationals boost presence in China

9:39 AM MYT BEIJING (China Daily/ANN): As Covid-19 continues to take its toll on global health and economies, most multinational corporations operating in China are bucking a trend seen in many parts of the world. These enterprises are shunning moves toward lower investment, the erosion of human capital and the fragmentation of trade and supply linkages. Such businesses view the country as a too-big-to-miss market bolstering global growth and also as fertile soil to foster indigenous innovation to keep the nation and themselves afloat. Effective control of the contagion, clear guidance for economic development and the unwavering resolve to further open up the market are among the factors reassuring overseas companies aiming to consolidate their presence in China through further investment and localized efforts.

Word Health Orgainization experts to visit China on Jan 14

European Union, China to push forward on investment

European Council President Charles Michel. - Bloomberg BRUSSELS (China Daily/ANN): European Union leaders pledged on Tuesday (Jan 5) to push forward with the ratification of the China-EU Comprehensive Agreement on Investment, or CAI, as Portugal takes over from Germany with the presidency of the Council of the European Union in the first six months of 2021. China and the EU concluded their negotiations in principle for the investment deal on Dec 30 after seven years of negotiations. European Council President Charles Michel, who appeared in a news conference in Lisbon on Tuesday with Portuguese Prime Minister Antonio Costa, said the EU s strategic autonomy doesn t mean the bloc is turning inward; rather, it is pursuing an open economy.

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