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Doug Barry, director of communications for the US-China Business Council, told China Daily in an email: "Many US companies have been in China for decades and are there to sell in the China market, which is where substantial future growth is likely to take place."
DuPont senior members and Zhangjiagang government officials signed an investment deal during the China International Import Expo.[Photo provided to chinadaily.com.cn]
Donna Kwok, a senior economist at UBS Investment Bank, said that effective cross-border capital flow management, the weakness of the US dollar and improved onshore sentiment bolstered by a better domestic growth outlook have helped stop the decline of China's foreign exchange reserves.
Draft regulations for PPP projects involving infrastructure construction and public services were published in July for public opinion. The guidelines were drafted by the Legislative Affairs Office of State Council, the National Development and Reform Commission and the Ministry of Finance.
Due to the complexity of such cases, financial professionals may also be invited as consultants to help judges hand down fair and effective verdicts, according to the proposal.