x Abu Dhabi, UAEMonday 24 July 2017

Wen allays foreign investors' nerves

Wen Jiabao, the Chinese premier, has sought to reassure foreign investors that the country will redouble its efforts to secure level playing fields for overseas companies.

Wen Jiabao, the Chinese premier, left, discusses a point with Klaus Schwab, the executive chairman of the World Economic Forum.
Wen Jiabao, the Chinese premier, left, discusses a point with Klaus Schwab, the executive chairman of the World Economic Forum.

TIANJIN // Wen Jiabao, the Chinese premier, has sought to reassure foreign investors that the country will redouble its efforts to secure level playing fields for overseas companies after a barrage of criticism in recent weeks. In a speech to the fourth World Economic Forum, in the Chinese city of Tianjin, Mr Wen painted an upbeat picture of the Chinese economy and hailed the success of the country's stimulus package. He said Beijing would now focus on maintaining stable macroeconomic control policies.