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Given the rising geopolitical tensions between China and the United States, and the "de-risking" strategy being pushed ahead by some Western countries to reduce dependence on China in terms of technologies and trade, it is not surprising that reports about foreign businesses cutting investment or shifting production out of China should have emerged. Or that such news is often cited by those who are hostile to China as evidence for what they believe is the country's diminishing economic potential and gloomy future. Yet it is the foreign business communities in China, which feel the pulse of China's economic dynamics firsthand, and they are the most qualified to offer insights into the country's economic prospects. The visit to Beijing by a delegation of the US-China Business Council earlier this week reflects the business communities' confidence in the Chinese market and the readiness of foreign companies to continue deepening their cooperation with China. As a private, nonpartisan, non
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