China’s president vows better investment climate
Seattle – — Chinese President Xi Jinping on Wednesday addressed Amazon founder Jeff Bezos, billionaire investor Warren Buffett and other top American and Chinese business leaders, vowing that his country would work to remove barriers to foreign investment and improve intellectual property protections.
Xi’s conference with the business leaders in Seattle marked the beginning of a busy day. He also toured the Boeing production facility in Everett and was to visit the Microsoft campus along with a high school in Tacoma.
Xi told the group in a speech that was open to media that China’s economy has “big potential” and leaders will continue to remove barriers to foreign investment.
Earlier Tuesday, meetings with governors from five U.S. states and local Chinese officials produced a deal to work on clean energy.
“We can be the core for our national leaders to learn from,” Michigan Gov. Rick Snyder, who has made five trips to China in five years, told his counterparts.
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