Xi’s Warm Words Jar With Reality for Foreign Companies in China

(Bloomberg) — Xi Jinping’s message that China wants to roll out the red carpet for foreign businesses stands in stark contrast to the increasing difficulties many companies experience on the ground.

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In written remarks Thursday to the APEC CEO Summit in San Francisco, the Chinese leader said his government would take more “heart-warming” measures to attract foreign nationals to the world’s second-largest economy, which has struggled to regain its footing in the…