OPINION_ Beijing Is Desperate for Foreign Money

THE EPOCH TIMES 

Beijing Is Desperate for Foreign Money 

After years of making heavy demands on foreign investors and business interests, Beijing has awakened to its need for them and so is changing its tune.

People walk on The Bund promenade along the Huangpu River during the passage of Typhoon Co-May in Shanghai, China, on July 30, 2025. Hector Retamal/AFP via Getty Images 

Milton Ezrati 
8/11/2025|Updated: 8/11/2025 

Commentary 


Beijing has learned one thing during the past couple of years, even before President Donald Trump’s election: China’s economy urgently needs foreign investment money and foreign business interests. 

For years, it seemed, Beijing acted as if it had all the advantages. Assuming, not incorrectly, that the foreign interests would tolerate a great deal to gain access to Chinese consumers, businesses, and Chinese markets generally, Beijing made stiff demands, among foreigners, imposing layers of red tape on U.S., European, and Japanese companies, refusing to actively enforce patent and copyright infringements, and demanding that every foreign company operating in China have a Chinese partner to which it had to disclose its technological and trade secrets. 

Trump’s primary complaints against China in 2018–19 highlighted such practices. The Chinese regime did not change then, but as foreign money has begun to look elsewhere, the authorities in Beijing have changed their tune. 

This change has become all too evident in the past few weeks. During this rather compressed period, Beijing has announced steps to protect foreign copyrights and patents. In June, it added tax incentives of up to 10 percent for foreign operations that reinvest their profits in China. 

Then just last month, seven key agencies in Beijing—including the National Development and Reform Commission, the Ministry of Finance, and the People’s Bank of China—jointly issued what they called a “Notice on Implementing Several Measures to Encourage Reinvestment by Foreign-Invested Enterprises.” 

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READ MORE: https://www.theepochtimes.com/opinion/beijing-is-desperate-for-foreign-money-5898031?ea_src=frontpage&ea_med=section-2 

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