China push to get FDI on track

Saibal Dasgupta

China recently announced a series of market-opening measures in an attempt to regain its position as the world’s hottest investment destination after it fell behind India in 2015. Jake Parker, the vice president of the US-China Business Council, also sounds less than enthusiastic. "Although some of the limited revisions are welcomed by some of our members, the number of openings falls far short of what would be necessary to reinvigorate diminishing foreign industry confidence in the China market," he says.