US businesses are a ‘quintessential’ part of China’s development, senior economic official tells American executives

May 13, 2021 | INVESTING

An official with China’s top economic planning agency has told American company executives that they are “a quintessential part” of the country’s development, amid escalating tensions between the world’s two largest economies.Gao Jian, a deputy director with the international cooperation department of the National Development and Reform Commission (NDRC), told more than 90 representatives of US companies in Shanghai on Thursday that Beijing was determined to broaden access for foreign…

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