Posted 3/1/2024, 2:00:28 AM
Jiangsu Province Rolls Out Red Carpet for Foreign Investors Amid Concerns Over Viability
- Jiangsu province inviting foreign investors to participate in strategic industrial chains, part of national effort to retain overseas capital
- Analysts concerned about long-term viability as geopolitical tensions rise
- Initiative has symbolic weight, represents proactive effort to keep foreign investment
- Opaque policy environment and economic slowdown deterring foreign investors
- Premier Li Qiang assures US business group of China's huge economic potential, welcomes deeper presence
