Chinese officials step up foreign travel in race to find investors

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Large delegations of Chinese city and business officials have made hundreds of trips to Asia and Europe since December, seeking to drum up foreign investment as local governments scramble to hit growth and employment targets.

Two prominent executives in Hong Kong, who spoke on condition of anonymity, described the officials they met as being more determined than ever to secure investments for projects ranging from ports and biotech to art and sport.

The other executive and Yim said they had often attended as many as eight to 10 events a day with Chinese officials.A 200-strong delegation from China shouts slogans such as "Grab new orders, expand the market," as it boards a 1.00 a.m. private jet to Europe, in footage posted online by the government of the eastern province of Jiangsu.

Officials from the southern province of Guangxi boasted on social media last week about securing investment from Hazemag, a German construction solutions firm. Fengze, a district in the nearby city of Quanzhou, signed up procurement deals of up to 30 billion yuan from Hong Kong, the city's social media accounts showed.

 

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Don’t invest in a country that only enrich the dictator.

Useless and waste of time if China didn’t change their bad attitude. Not interested and not trust worthy.

Maybe they have to find some investors of shikokuinucoin…china shik

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