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Outsourcing is China's new worry

12 Jul 2016 12:00 AM | Anonymous

As reported in the Forbes, Chinese officials “encouraging” companies in the southern and eastern parts of China, where wages and other production costs are highest – Guangdong, Jiangsu, Shanghai and Zhejiang, in particular – to move their production facilities inland, where costs are lower, rather than outsourcing to countries such as Vietnam.

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