China’s central bank woos top Western firms as economic challenges grow | CNN Business ...Middle East

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong Kong CNN  —  China will open up its financial industry and make its business environment more friendly for foreign businesses, the country’s central bank governor told a number of top Western companies on Monday, renewing Beijing’s efforts to lure overseas capital as economic challenges mount. Pan Gongsheng, governor of the People’s Bank of China (PBOC) and head of the country’s foreign exchange regulator, chaired a symposium with representatives from foreign companies, including

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