China's Opening: Xi's Small Steps After Biden's Thaw

1 min read
Source: Bloomberg
China's Opening: Xi's Small Steps After Biden's Thaw
Photo: Bloomberg
TL;DR Summary

Following the leaders' summit between President Xi Jinping and US leader Joe Biden, China has taken several steps to restore foreign investors' confidence in the country. These steps include approving a long-delayed joint venture between Mastercard Inc., granting visa-free access to China for six countries, and greenlighting a major technology merger between Broadcom Inc. and VMWare Inc.

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