Today’s lower-income countries already face a tough task in
trying to emulate the impressive growth of developing economies before them. An underperformi
ng global economy, and rising national and international tensions, will make that task even harder. If th
e world is serious about reducing poverty further, it must pay far more attention to their progress.
he US has repeatedly threatened to impose tariffs on about $300 billion of Chinese ex
ports to the United States. China showed the greatest sincerity in the Sino-US trade
talks and refused wild demands by the US side, said Foreign Ministry spokesman Geng Shuang on Tuesday.
China has become the most popular investment destination for global companies, since the country launched its reform and opening-up policy, said Geng Shuang.
The companies will choose which countries to invest in, or which partners to coope
rate with based on their interests and market rules. No words can influence them, Geng said.
China welcomes foreign companies to increase investment in the country, and the country will continue gi
ving efforts to create a more stable, fair, transparent and predictable business environment for foreign investors, said Geng.
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