China’s economy is getting tougher for foreign visitors who previously could count on holding informative meetings with key policy makers.
It is increasingly difficult for foreign investors visiting China to get accurate information about the state of the country's economy.
Chinese officials refuse to discuss important issues openly and increasingly use official propaganda clichés, according to Bloomberg, SIA reports.
"While “old friends” such as Bill Gates and Henry Kissinger have gained access to the highest rungs of power in widely publicized visits this year, it’s been a different story for bankers, economists and businesspeople returning after three years of closed borders," Bloomberg writes.
Accounts from more than a dozen people, some who asked not to be identified to speak freely, describe dinner invitations that were seen as potential ethics breaches and politely declined, silence around taboo topics such as deflation and bland party speak replacing the honest exchange of ideas.
Once-familiar officials, they said, are now fearful of breaching newly broadened anti-espionage laws as President Xi Jinping grows more wary of the US and its allies.
China has in recent months limited overseas access to corporate data and academic journals while raiding firms selling access to experts — services that were frequently used by hedge funds and other global investors. It broadened the scope of anti-espionage laws in the spring, which along with state media coverage on guarding against spying has heightened suspicions among local officials.
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