China’s Red Carpet Draws CEOs but Few Expect Their Money to Follow

China’s Red Carpet Draws CEOs but Few Expect Their Money to Follow
Chinese deputy leader Han Zheng speaks at the Invest in China Summit 2024, in Beijing, China, on March 26, 2024. Tingshu Wang/Reuters
Reuters
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BEIJING—The Chinese communist regime devoted the week to a red carpet welcome for foreign executives to try to halt a retreat in corporate investment from China.

But many executives leave China with a shared caution: while things may not be getting worse, the risks of an expansion in China still outweigh the rewards, they say.