Foreign Direct Investment in China Rises 17%
Author: Owen Fletcher</br></br>BEIJING--China's Commerce Ministry urged the U.S. to open up to Chinese investments.</br></br>Ministry spokesman Yao Jian said he hopes that U.S. laws on investment by foreign firms--largely to protect national-security considerations--can become more transparent.</br></br>The remarks came ahead of a state visit to the U.S. by Chinese President Hu Jintao that starts Tuesday.</br></br>"China is improving its own investment environment and legal system for investments, and we hope the relevant countries further open up their markets and investment areas," Mr. Yao said at a briefing Tuesday.