BEIJING (Reuters) - Foreign investors remained enthusiastic about China, the foreign ministry said on Tuesday, following U.S. President Donald Trump's claim that his tariffs are causing companies to move production away from the world's second largest economy. Trump took the step after China sought major changes to a deal that U.S. officials said had been largely agreed. Chinese foreign ministry spokesman Lu Kang, responding to a question on Trump's claim at a daily news briefing, said foreign investors were "still bullish" on China. Lu listed companies, including Tesla, BASF and BMW, as all having recently increased their investment in China. He added that China would continue to improve business and investment conditions for foreign companies.
Source: MetroXpress May 21, 2019 08:48 UTC