Reported 5 months ago
Chinese Premier Li Qiang encouraged Samsung Chairman Jay Y. Lee to invest further in China during a meeting in Seoul, ahead of a summit involving China, South Korea, and Japan. Samsung has invested $24 billion in the Chinese market over the past six years, but faces challenges due to U.S.-China tensions and export controls. Li's meeting with the Samsung executive reflects China's willingness to attract foreign investment and strengthen industrial supply chains with South Korea.
Source: YAHOO