NPC 2018: Treat Chinese overseas investments fairly, assets regulator says

Mr Xiao Yaqing, who heads the State-Owned Assets Supervision and Administration Commission, said foreign firms were welcome to take part in the reform of Chinese state-owned enterprises.
Mr Xiao Yaqing, who heads the State-Owned Assets Supervision and Administration Commission, said foreign firms were welcome to take part in the reform of Chinese state-owned enterprises.PHOTO: REUTERS

BEIJING - While it is understandable that governments want to review foreign investments, they should do so fairly, a senior Chinese official has said, amid growing scrutiny of Chinese investments in some countries including the US and in Europe.

Mr Xiao Yaqing, who heads the state assets regulator, the State-Owned Assets Supervision and Administration Commission, also said foreign firms were welcome to take part in the reform of Chinese state-owned enterprises (SOEs).

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