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With their coffers depleted after an economically bruising pandemic and property crisis, China s local authorities have been racing to find new revenue sources, with foreign investment particularly coveted. The incentives many local governments now offer are far less attractive than they were a decade ago, when companies could easily win subsidies or free land use and the regulatory environment seemed more predictable. ....
China is struggling to revive foreign investment in its financially battered cities and provinces as foreign firms remain wary of political risks and new incentives fall far short of sweeteners once. ....
China is struggling to revive foreign investment in its financially battered cities and provinces as foreign firms remain wary of political risks and new incentives fall far short of sweeteners once used to attract overseas money. ....
Foreign Ministry Spokesperson Wang Wenbin's Regular Press Conference on July 7, 2023 china-embassy.gov.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from china-embassy.gov.cn Daily Mail and Mail on Sunday newspapers.