China Pledges Openness in Hopes of Reaching a Trade Deal

Running Head: SUMMARY CHINA NEWS ARTICLE 0
CHINA NEWS ARTICLE
System
4/26/2019

SUMMARY OF CHINA NEWS ARTICLE 1
On, March 24, 2019. in Beijing the top economic policy makers of China promised this
weekend that Beijing is now ready to open up to more new markets which are based on
international trade and competition and all of this is being done in order to end the million dollar
trade war with United States.
Some of the senior American officials are about to come to Beijing in the coming months
in order to wrap up the deal in Washington. The officials of China are nowadays more concerned
about losing the position of worlds no 2 economy instead of Trump administration.
In accumulation of a recent trade war that currently hit the exporter of the country, the
economy of China has been affected highly because of the private sector and the business
leaders, and has become more concerned and careful in the recent time about the new upcoming
investments.
China has always told this for years that they are ready to invite foreign competitors into
the market with slow progress and equal footing
Han Zhan one of those seven men who run the country as a member of a communist
party believes that China needs to increase its import on the while on the other hand Yi, Gang
the governor of central bank believes that China needs more of foreign investment.
Mr. Han, Mr. Yi and some of the other officials praised the new origin investment law
which was approved by the legislature of China on 15th march 2019; it is described to be as a
thought out decision as it will make the country more attractive Place to invest.
China had earlier made a similar offer in November 2017 when the President Trump
visited Beijing; Beijing made this struggle to attract supports from the Wall Street during the