Chinese officials are flocking abroad to answer President Xi Jinping¡¯s call to woo foreign capital. Their pitch to investors is being met with doubt, partly due to the policies of their big boss.
That skepticism was on show at a ballroom in a four-star Singapore hotel last week, where officials from China¡¯s Inner Mongolia autonomous region promoted their rare earths sector to scores of potential investors.
One attendee questioned whether Beijing truly welcomed foreign investment in such minerals, which have become a focal point of U.S.-China tensions and subject to export controls.
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