Intel and Microsoft: How China wants to replace the US giants with new measures – Economy

Beijing is once again rolling out the red carpet for international corporate bosses: At the China Development Forum, a kind of class reunion for China-friendly investors, Prime Minister Li Qiang said on Sunday: “We believe that a more open China will give the world more opportunities for a win -Win cooperation will provide.” Quite a few of the company bosses in the audience, including Apple boss Tim Cook and Mercedes boss Ola Källenius, will probably only be able to believe such announcements with a lot of effort. While Beijing promises more market access and demand, the government is also working to make itself increasingly independent of foreign companies.

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