“The annual session of the National People’s Congress opened on March 5th against the backdrop of a proposed change in the Chinese constitution that allows President Xi Jinping to further consolidate his power.
On the business front, there’s good news for international companies. It was announced that foreign investment in mainland China, at US$136.3 billion last year, has hit an all-time high.
But has China done enough to create a level playing field to protect the interests of foreign investors?”
China is Sweden’s eighth most important export market and its biggest trading partner in Asia.
On 2017, the total value of Sweden’s exports to China increased by 27% over the previous year, reaching a record-high of over 58 million Swedish kronor.
Economists see the growth partly as a result of the Swedish Prime Minister Stefan Lofven’s visit to China and meeting with President Xi Jinping last June. He took with him a delegation of representatives from 60 Swedish companies and government agencies.
Archive link at RTHK: