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

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Reuters BEIJING
Last Updated : Jun 07 2016 | 5:57 AM IST

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)

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First Published: Jun 07 2016 | 5:50 AM IST

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