Vote of confidence in China's future

Foreign firms shrug off concerns about slowdown, boost investments, expand big time

Slowdown - what slowdown? That might well be the stance of foreign companies operating in China, if asked about the implications of slowing economic growth for the future of their businesses in the country, and the attendant concerns about it.

Some of the world's biggest corporate names such as Walmart, BASF, Exxon-Mobil, Procter & Gamble, Saudi Aramco, BMW, Cargill, ABB, Tesla and GE are all renewing their commitment to China by expanding their operations countrywide, never mind the sense of uncertainty sparked by the China-US trade dispute.