China Woos Foreign Tech and Pharma Investors Amid Tensions

China's commerce minister met with executives from Apple, chipmakers, and pharmaceutical companies ahead of a business forum, trying to boost foreign investment amid geopolitical tensions.

Foreign investment into China last year was the lowest since the early 1990s due to economic and geopolitical challenges.

China is trying to counter US restrictions on access to technology by encouraging companies like SK Hynix, Micron, and Qualcomm to expand investments.

Executives mentioned China's business environment has higher risks now, but some still plan to expand investments.

China expressed willingness to resolve trade disputes with the US and Europe to create a fair and predictable environment for companies.