China to keep door open to foreign investment

  • 📰 staronline
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 75%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

BEIJING: China will take steps to safeguard its interests, but won’t close its door to foreign investment and the global industry despite trade frictions with the United States, a Chinese official said.

Earlier this month, before key Sino-US trade talks, Washington decided to widen its so-called “entities list” to include some top Chinese artificial intelligence start-ups such as Megvii Technology and SenseTime Group.

“We will look at the trade friction between China and the United States with an open mind and a big heart, ” said Huang Libin, a spokesperson for the Ministry of Industry and Information Technology , although China will also closely monitor the US entities list. “We will not blindly emphasise ‘self-developed and controllable’, and will not decouple from the development of international industries, ” Huang told reporters at a briefing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines