Xi Jinping hosted a meeting with executives from major global companies including Saudi Aramco and BMW, aiming to attract more foreign investment into China amid declining economic growth and increased national security regulations. This marks Xi's third engagement with multinationals in 17 months, highlighting his administration's efforts to stabilize global supply chains and promote China as an investment opportunity. While foreign investments have dwindled, the German automotive sector continues to invest significantly, viewing China as crucial for competing in the automotive market, as evidenced by BMW’s recent initiatives.
Xi Jinping met with top executives to court foreign investment, emphasizing stability in global supply chains and the vast potential of China as an investment destination.
Despite challenges, Xi’s outreach reflects a determination to revitalize foreign investment in China, particularly in the automotive sector, which remains robust.
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