Hony’s Zhao: Foreign prejudice against Chinese investment is unfair
John Zhao, CEO of Hony Capital, told the gathering of the World Economic Forum (WEF) in Davos that foreign prejudice against Chinese investment is unfair, adding that the global community should recognize that many domestic firms are taking their first steps into international markets and still learning the rules.
The WEF turned its focus to Chinese outbound investment in the context of the country's growing importance to global economic growth. A relatively longstanding investor in US sovereign debt, China has...
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