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Foreign business groups in China wary as new Xi term begins

Newsroom by Newsroom
October 24, 2022
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A Chinese national flag is pictured, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China, October 14, 2022. Reuters/Aly Song

Shanghai: Overseas business groups in China expressed on Monday wariness about President’s Xi Jinping’s newly unveiled leadership team and his stated priorities, with some urging against greater state intervention in the market.

Eric Zheng, president of the American Chamber of Commerce in…



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