“As the extension will expire at the end of this year, the European Chamber has continued to advocate for the continuation of this policy at both a central and local level,” he told the Post. “Foreign investors would likely reconsider or significantly reduce the number of cross-border assignments to China due to the additional financial burden.”
Related posts
Huawei and ByteDance plan major investments in tech sectors in Brazil
Chinese tech giants Huawei Technologies and ByteDance are planning major investments in Brazil’s cloud infrastructure and...-
As US urges foreign investment, Chinese firms see Trump policy and balk
When US Commerce Secretary Howard Lutnick addressed over 5,000 attendees via video at a major investment... -
China’s economic data, PLA’s patrols in disputed waters: SCMP daily highlights
Catch up on some of SCMP’s biggest China stories of the day. If you would like...
