US urged to open the door wider to China's investment

NEW YORK - The US government should open its door wider to Chinese investments and Chinese companies have to further their understanding of US law and regulatory compliance as foreign direct investment between the world's top two economies has been on a rapid rise, experts said.

"The US government should be more open and inclusive to Chinese investments, as Chinese companies come to the US with high expectations for an open and inclusive market," said Xu Chen, chairman of the China General Chamber of Commerce and president and CEO of Bank of China USA.

"That is one of the major factors that makes US attractive to foreign companies," he said after launching a new survey on Chinese companies in the United States.