China’s President Xi Jinping made the comments in a phone call with French President Emmanuel Macron, Chinese state television reported, fortifying ties with its European trading partner after Macron visited China in April.

China faces an electric vehicle subsidy investigation by the European Union and a looming probe into its steelmakers. Meanwhile, several European countries have complained about China’s opaque laws and rules regarding foreign companies in the country.

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    11 months ago

    Another variation: China wants global companies to invest as its economy heavily depends on exports and foreign direct investments.