China's Opening: Xi's Small Steps After Biden's Thaw

1 min read
Source: Bloomberg
China's Opening: Xi's Small Steps After Biden's Thaw
Photo: Bloomberg
TL;DR

Following the leaders' summit between President Xi Jinping and US leader Joe Biden, China has taken several steps to restore foreign investors' confidence in the country. These steps include approving a long-delayed joint venture between Mastercard Inc., granting visa-free access to China for six countries, and greenlighting a major technology merger between Broadcom Inc. and VMWare Inc.

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