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International Business Times

Business

China Vows To Stay 'Safe And Promising Land' For Foreign Investment

China United States Donald Trump Beijing

Beijing has retaliated against levies at the same level announced by US President Donald Trump on what he called 'liberation day' (Credit: AFP)

A top Chinese official has vowed to protect US firms and pledged his country will remain a "promising land" for foreign investment, Beijing said Monday, after it slapped 34 percent tariffs on US imports.

China retaliated last week against levies at the same level announced by US President Donald Trump on what he called "Liberation Day".

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