17.2 C
Hamburg
Wednesday, June 4, 2025
Home News China seeks to attract new investors

China seeks to attract new investors

  • The China International Import Expo is a bid to lure foreign investors with promises of greater market access
  • The US has refused to send any senior government officials to the weeklong fair amid trade war

A large import fair that begun in Shanghai on Monday (Nov. 05) aims to send the message that China wants to buy more goods from abroad, even as US officials snub the event amid the trade war.

The government-backed China International Import Expo – Beijing’s latest attempt to woo foreign investors and companies with promises of greater market access – will be missing state leaders from the world’s seven most powerful industrialised countries.

The US has refused to send any senior government officials to the November 5-10 exposition as its tariff battle with China continues. Joining it in absentia are fellow G7 nations Japan, Germany, Britain, France, Italy and Canada.

Still, 180 American companies – from carmakers to a gourmet hot dog seller – will be among the more than 3,000 companies exhibiting at the fair, according to its website. Other participants include a number of big US brands caught in the trade war’s crossfire, including General Motors, Tesla, Qualcomm, Walmart and FedEx.

Read more on South China Morning Post.





Latest Posts

MAN Energy Solutions rebrands as Everllence

MAN Energy Solutions has officially rebranded to Everllence, marking a pivotal step in the company’s strategic evolution. The new global identity underscores its expanding role...

HHLA acquires majority stake in Ukrainian terminal

Hamburger Hafen und Logistik AG (HHLA) has decided to invest in a Ukrainian terminal, acquiring 60% of the shares in Eurobridge Intermodal Terminal LLC...

India vows to emerge as shipbuilding power through external partnerships

India's shipbuilding sector is experiencing a strategic transformation, driven by a convergence of geopolitical motives, national industrial goals, and ambitious maritime visions. Under Prime Minister...

Sierra Leone’s Freetown Port prepares for digital transformation

A needs assessment mission conducted in Sierra Leone from 26 to 30 May has laid the groundwork for the introduction of a Maritime Single...

APM Terminals Lázaro Cárdenas receives six new electric cranes

APM Terminals Lázaro Cárdenas has received six cutting-edge electric automated rail-mounted gantry cranes, marking a significant step forward in modernizing Mexico’s logistics infrastructure. These cranes...
error: Content is protected !!