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China President Xi Jinping promises foreign firms reform, opening up amid heightened US tensions

Summary:
[unable to retrieve full-text content]China’s President Xi Jinping has promised that China will stick to its “peaceful development” path, continue reform and deepen the opening of its domestic market in a letter to top international business executives.In a clear bid to win the hearts and minds of the global business community amid rising tensions with the United States, Xi’s letter to the Global CEO Council stated that the long-term economic fundamentals of the Chinese economy remain sound and “will not change” despite the impact…

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Tyler Durden writes Daily Briefing – August 4, 2020

[unable to retrieve full-text content]
China’s President Xi Jinping has promised that China will stick to its “peaceful development” path, continue reform and deepen the opening of its domestic market in a letter to top international business executives.In a clear bid to win the hearts and minds of the global business community amid rising tensions with the United States, Xi’s letter to the Global CEO Council stated that the long-term economic fundamentals of the Chinese economy remain sound and “will not change” despite the impact…
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