US Treasury's Lew says concern has grown over China's business climate

Explore Business Standard
Associate Sponsors
Co-sponsor

BEIJING (Reuters) - U.S. Treasury Secretary Jack Lew said on Tuesday concerns about China's business climate have grown due to a more complex regulatory environment and the Chinese government should open the door wider to foreign investments.
"Concerns about the business climate have grown in recent years, with foreign businesses confronting a more complex regulatory environment and questioning whether they are welcome in China," Lew said in remarks prepared for a roundtable discussion in Beijing among Chinese and American businesses and officials.
(Reporting by David Lawder; Writing by John Ruwitch; Editing by Shri Navaratnam)
First Published: Jun 07 2016 | 5:50 AM IST