Xi promises gradual opening of Chinese markets to investment

President Xi Jinping promised more gradual market-opening steps at the start of an import fair Tuesday but no initiatives in…

President Xi Jinping promised more gradual market-opening steps at the start of an import fair Tuesday but no initiatives in technology and other irritants that sparked a tariff war with Washington. The second China International Import Expo showcases the country’s vast import market of 1.4 billion people to help deflect complaints that it improperly subsidizes industries and shields them from competition. It offers a marketing platform for foreign suppliers of goods from wine to yachts but does less for companies that already are established in China.

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