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時間:2022-08-15 來源:本站 點擊:258次

World Insights: Opportunities in China still appealing******

People visit the 4th China International Import Expo (CIIE) in east China's Shanghai, Nov. 5, 2021. (Xinhua/Li Xiang)。

by Xinhua writer Liu Yanan。

NEW YORK, Nov. 21 (Xinhua) -- The international business community continues its interest in opportunities in China, as the Asian country is committed to expanding opening-up and fostering a business environment that is market-orientated, law-based and up to international standards.。


Despite the COVID-19 pandemic and the disinformation campaign targeting China, international businesses have not lost sight of the soundness of and the long-term growth prospect for the Chinese market, said John Pang, a senior fellow with Bard College in New York.。

Last year saw record levels of foreign direct investment into China and the trend has continued this year, Pang told Xinhua in an interview via email on Thursday.。

"China is the most important driver for the sustainable, well-governed and inclusive growth of the global economy. No other country has so closely integrated social and environmental agenda with industrial policy to deliver on all three fronts," said Pang, who has worked on policy and strategy in government, business and civil society across East Asia.。

Foreign investors bought Chinese government bonds as a global reserve asset through most of the year 2021, Mehran Nakhjavani, a partner of emerging markets with the MRB Partners, told Xinhua at a virtual roundtable meeting.。

Executives from Honeywell, McDonald's, Boeing and a number of other U.S. companies recently underscored the importance of the Chinese market and its growth opportunities at their earnings conference calls for the third quarter.。

"China remains a critically important market for us and one where we have confidence in the long-term opportunity," said Kevin Ozan, executive vice president and chief financial officer with McDonald's late last month.。


China's recent pledges to expand opening-up and build a well-defined business environment "are not empty words driven by short-term political cycles but a statement of fundamental policy, a carefully worded set of promises made against a long timeline," said Pang.。

The pledges are integrated with China's core domestic visions for common prosperity, which are supported by the aim of "ecological civilization," and a willingness to work in multilateral frameworks, including in areas of digital governance, according to Pang.。

International companies with a business model based on delivering real value will find unparalleled opportunities for growth in China, said Pang.。

"China is where the decisions are being made, the policies being coordinated, the costs being paid, to create the environmentally sustainable and socially inclusive economy that the world needs," Pang added.。

"The international business community cannot afford to get China wrong. As the current supply chain breakdown in the United States shows, we're tightly connected, and China is a very big cog in the machine of the global economy," Pang told Xinhua.。

Investors with a long-term horizon should invest in both China and the United States and gain exposure to the two largest and vastly different economies with different growth opportunities and sectoral trends, said Solita Marcelli, chief investment officer for the Americas at UBS Global Wealth Management.。

The U.S. and Chinese economies "are deeply linked and decoupling them would come at a considerable cost," she said. Enditem。

China to enhance border management for COVID******

BEIJING, Nov. 4 (Xinhua) -- China's National Immigration Administration (NIA) will strengthen COVID-19 prevention measures for passengers entering and leaving the country on account of the 2022 Beijing Winter Olympics.。

Immigration authorities were asked to set up special areas for checks on personnel relevant to the Winter Olympics at entry and exit points and implement strict anti-epidemic measures.。

Stressing continuing strict entry and exit policies, the NIA encouraged people to avoid unnecessary and non-urgent travel abroad.。

It also vowed cooperation with law enforcement authorities of neighboring countries in border patrols to crack down on criminal activities and prevent the spread of the virus. Enditem。

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US sanctions Putin, Lavrov over Russian military operation in Ukraine******


White House Press Secretary Jen Psaki speaks during the daily press briefing in the White House on February 25, 2022.

The administration of US President Joe Biden will sanction Russian President Vladimir Putin and Russian Foreign Minister Sergei Lavrov over Moscow's ongoing military operation in Ukraine, the White House confirmed on Friday.

"In alignment with the decision by our European allies, the United States will join them in sanctioning President Putin and Foreign Minister Lavrov and members of the Russian national security team," White House press secretary Jen Psaki told a regular news briefing on Friday, adding more specifics will be announced later in the day.

The US move followed that of the European Union and Britain, which announced sanctions targeting the top Russian leadership earlier on Friday.

Biden on Thursday announced additional US sanctions against Russia targeting the country's major financial institutions and an additional number of Russian individuals and their family members with ties to the Kremlin, on top of the so-called "first tranche" of sanctions imposed on Russian state-owned banks, the Russian sovereign debt market as well as individual elites.

Asked about the possibility of his Russian counterpart, Biden didn't commit to that on Thursday, only saying it remained an option on the table.

Psaki said Friday the reason Biden waited until after the EU and Britain announced their sanctions against the Russian president to decide on his own move is that his "strong principle ... has been to take actions and steps in alignment with our European partners."

Also on Friday, a senior administration official said future US sanctions will not target Russian oil and gas industry.

"The sanctions will not target the oil flows as we go forward," Amos Hochstein, the State Department's senior energy security adviser, said in an interview on Bloomberg Television.

Hochstein said doing so won't necessarily reduce Russia's oil and gas revenue, and may instead lead to a scenario where "the United States and our allies would suffer the consequences."

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