China tells U.S. companies that they are welcome in its market

Xiao Yaqing, China’s Minister of Industry and Information Technology, made the comments during a video meeting held with a delegation sent by the US-China Business Council, the ministry said in a statement published on is website.

Executives from the headquarters of companies like General Motors and Qualcomm attended the meeting, alongside the heads of the US-China Business Council, the statement said, adding that Xiao had also commented on how there were good market prospects in areas like 5G technology and new energy vehicles.

The meeting comes as tensions between Beijing and Washington have escalated in recent weeks particularly over issues like technology that have ensnared Chinese companies like Semiconductor Manufacturing International Corp, TikTok owner ByteDance and Tencent Holdings The Wall Street Journal reported on Saturday that Chinese officials had issued repeated warnings to U.S. government officials that China may detain Americans in China in response to the Justice Department’s prosecution of Chinese military-affiliated scholars.

China’s foreign ministry on Monday said in response to questions about the WSJ’s report that the United States was trying to play victim.

Invite. Steal. Kick out. Rinse off. Start again. Nothing new.

Go and they can never come back I hope.

NO MORE SUBSTANDARD CHINA IMPORTS! USA needs to manufacture, agriculture needs to be shored up instead of plundered beneath govt policy! Farming out jobs & co. is why we r imploding! REBUILD AMERICA vote Biden/Harris & keep jobs at home!

🤣😂 CCP cry-baby to attract fools !!!

Tesla is a good example of how the Chinese government is speeding up its economic reform and opening up, but only if American companies strictly abide by the rules and regulations set by China.

because they that their chips~

Well of course, they have to give up their technology in return. Lol

Google, Facebook and Tweet are welcome to China?

Para robar después tu tecnología y luego sacar a patadas de su país.

It’s market is a Marxist based economy. We need to establish proper trade with them. They quite literally want all of the marbles.

I bet we are, if we weren't I would be surprised

Unlike political dissent which lands in prison or disappeared.

Don't confuse words with action!!

China is rebounding. Trump/GOP are dragging American down.

Ya sure. Once the american companies set shoot in China, Chinese gov will uses them as hostage to threaten America gov. Nice try Commies.

Trump's action really led to this point where china is giving up. It may even open up to US tech giants like Google, FB

president Trump should increase taxes on comapanies who are trying to get in china .

Did Joe Biden subvert American foreign policy to enrich his family? Did Joe Biden subvert American foreign policy to enrich his family?

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