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Companies continue to invest in China despite risks

BASF is investing around €10 billion in new plants in China.

China’s Vice Premier, Han Zheng, usually has more important things to do than inaugurate new factories. But Han made an exception for BASF. As the chemical giant celebrated the start of production at its ten-billion-euro Verbund site in Zhanjiang (China.Table reported), Han dropped by for an event in Beijing. The high-profile visit was meant to send a signal: China welcomes foreign investors.

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