It is becoming increasingly difficult for foreign investors who visit China to receive truthful information about the state of the economy of this country, writes Bloomberg. Chinese officials refuse to openly discuss important topics and increasingly use official propaganda clichés.
“While ‘old friends’ like Bill Gates and Henry Kissinger gained access to the upper echelons of power through highly publicized visits this year, for bankers, economists and businessmen who are returning to China after three years of closed borders, everything is different, ”the agency writes.
In particular, dinner invitations to officials and politicians are increasingly seen as potential breaches of ethics and politely declined. There is something like a conspiracy of silence around taboo topics like deflation. The agency’s business sources said officials they know are now wary of violating newly expanded anti-espionage laws as Chinese President Xi Jinping grows more wary of the US and its allies.
Source: Rosbalt
Mario Twitchell is an accomplished author and journalist, known for his insightful and thought-provoking writing on a wide range of topics including general and opinion. He currently works as a writer at 247 news agency, where he has established himself as a respected voice in the industry.
