Chinese cities court foreign investment for post-COVID recovery

Local officials travel abroad to draw capital for flagging economies

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Shanghai is planning more than 100 events in 2023 to solicit foreign investment. © Reuters

TAKASHI KAWAKAMI and TOMOKO WAKASUGI, Nikkei staff writers

GUANGZHOU/SHANGHAI -- China is wooing foreign investors to bolster an economy battered by three years of strict COVID-19 controls, with local authorities leading the charge with charm offensives both at home and abroad.

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