China: President Xi promises economic reform

Foreign companies have long been disadvantaged in the Chinese market. Before Donald Trump's visit, China is now announcing more economic opening.

China: President Xi promises economic reform

Shortly before first visit of US-PräsidentDonald Trump, Chinese President Xi Jinping announced that he would advance economic opening of his country. As Xinhua state news agency reported, Xiin promised a series of vonInitiativen to promote opening of a speech to us CEOs. Reforms would be implemented with unprecedented determination.

President spoke among or things to bosses of Facebook and Apple, Mark Zuckerberg and Tim Cook. Both belong to an advisory board of Beijing Tsinghua University, which received XI. In his speech, he said, he was looking forward to receiving DonaldTrump in Beijing. The visit is an opportunity to solve differences correctly. Trump's visit to Beijing is part seinerAsienreise from 3rd to 14th of November.

Despite oftwiederholten promise of Chinese government to treat all parties in China equally, ausländischeFirmen is increasingly complaining of discrimination against ChinesischenWettbewerbern. Facebook has been blocked by ChinasZensoren for years and has been unsuccessful in trying to get back to insGeschäft. Apple is under pressure on its second-most important market and loses market share. The group has been forced to block its online book and film offerings, as well as special programs that allow China's Internet locks to be circumvented. Furr problems for foreign companies are questions desUrheberschutzes and customs duties.

Criticism of preparation of China trip

Meanwhile, US Chamber of Commerce in China criticized that Trump's visit to China was inadequately prepared. There have been for meeting trumps with China's head of state only wenigVorarbeiten in economic field, criticized chief DerHandelskammer in Beijing, William Zarit. He fears that DemTreffen will hardly be concerned about structural problems between two Länderngesprochen. He hoped that GeplantenGeschäftsabschlüsse did not distract from long-term problems, sagteZarit. Trump is accompanied by a US corporate delegation during his visit.

Date Of Update: 01 November 2017, 12:02
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