US targets China ships, operators with millions of dollars in new port charges.

Chinese officials on Thursday vowed to step up efforts to attract foreign direct investment as tensions with the U.S. threaten to accelerate the exit of factories and research centers owned by multinational companies.

China’s cabinet, the State Council, recently approved a 20-point action plan to stabilize investment from abroad. Easing restrictions in the telecommunications, medical care and education sectors are among the measures.

Source: ASIANIKKEI

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