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Beijing Woos U.S. and Other Foreign Companies as Trade War Takes Toll

Move suggests growing realization of fight’s impact on China’s economy and on U.S. firms’ willingness to invest in country

BEIJING—China has stepped up its charm offensive to attract U.S. and other foreign companies in recent weeks, seeking to offset the debilitating impact of the trade war while still exchanging blistering comments with Washington.

The country’s premier, Li Keqiang, has wooed foreign companies with noticeable enthusiasm this month, telling a roundtable of Western executives, for example, that global manufacturing enterprises are welcome to seize opportunities as China opens up further.

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