Xi Jinping Hosts Global CEOs to Bolster Foreign Investment in China

Amid declining foreign investment, Xi emphasizes China's modernization and seeks to restore trust with international businesses.

Xi Jinping met with CEOs from BMW, Siemens, Mercedes-Benz, Samsung, and others in Beijing, advocating for greater investment in China.
The Chinese leader described foreign companies as vital to the country's modernization, calling investment in China an investment in the future.
Foreign direct investment in China has dropped to its lowest levels since 2008, prompting efforts to rebuild trust and attract global businesses.
German automakers are forming partnerships with Chinese tech firms like Alibaba to address rising local competition and weak domestic demand.
EU Trade Commissioner Maros Sefcovic is in Beijing discussing trade deficits and market access challenges faced by European companies.