Eddie Du
Eddie Du

@Edourdoo

7 Tweets Mar 03, 2023
Apple, Pfizer, VW: Top executives are trickling back into China after its reopening as Beijing seeks to attract investments wsj.com ้€š่ฟ‡ @WSJ
For some, site visits to local operations and meetings with managers are a priority, while others are looking to meet local partners and officials.
Beijing is counting on such executive visits to attract investments, as its leaders send messages that China is open for business.
Top executives weighing a visit to the China Development Forum in Beijing, Chinaโ€™s showcase global business event, include Appleโ€™s Tim Cook and Pfizerโ€™s Bourla.
Meanwhile, the Boao Forum will draw top business leaders including Fortescue boss Andrew Forrest.
Still, business leaders say to date, the volume of business trips to China remains well below its pre-pandemic clip, and will take time to increase again as airlines slowly add new flights and foreign executives look for more clarity in U.S. policy toward China.
ยป China growth: Policy U-turns suggest country is all-in for growth afr.com
The wake of the 20th National Congress of the Chinese Communist Party in mid-October has left ripples in Chinaโ€™s approach to its economy and domestic affairs, representing a significant U-turn for key policies.
Australia will likely benefit from the resumption of Chinese tourism after three years of COVID-19 restrictions and increased political uncertainty, which could open new routes for capital outflows by more affluent Chinese households.

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