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Top Chinese entrepreneurs commit to Middle East expansion despite Iran war (www.scmp.com)

submitted 2 weeks ago by rss@news.abolish.capital to c/china@news.abolish.capital

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Two prominent Chinese business leaders have pledged to double down on outbound investment – including in the Middle East and Latin America – even as geopolitical risks intensify following the outbreak of the US-Israeli war with Iran and Washington’s increasing interventions in the western hemisphere. Li Dongsheng, founder and chairman of Chinese electronics giant TCL, said the recent crisis in the Middle East had only a temporary impact on the company’s operations there and that the overall...

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