China Funds Overseas Trips to ‘Grab New Orders,’ Washington Calls Out Beijing for Disrupting Markets

China Funds Overseas Trips to ‘Grab New Orders,’ Washington Calls Out Beijing for Disrupting Markets
A bank teller counts the stack of Chinese yuan and U.S. dollars at a bank in Shanghai, China on July 22, 2005. STR/AFP/Getty Images
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Local governments in China are aggressively funding delegations to drum up business overseas. Large groups including Chinese city and business officials have made hundreds of trips abroad since early December in search of foreign investment.

Meanwhile, a recent U.S. trade report called out Beijing for continuing to give Chinese companies an unfair advantage and says Washington will protect the competitiveness of U.S. companies.

Kathleen Li has contributed to The Epoch Times since 2009 and focuses on China-related topics. She is an engineer, chartered in civil and structural engineering in Australia.
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