China committed to openness, Xi says

Nation continues to welcome and protect foreign capital

President Xi Jinping assured foreign and Chinese corporate leaders at the 2015 Boao Forum for Asia on Sunday of China's commitment to its openness and welcoming of foreign investment.

He noted how some people believe that because China is now a global investor itself, it no longer needs foreign capital, or that its recent monopoly penalties on a few international corporations signal a rise in protectionism.