April 11, 2021

China’s factory base cuts business costs, rolls out red carpet to foreign investors as trade war bites

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By He Huifeng From South China Morning Post As the trade war hits Guangdong’s export businesses hard, the province cuts business costs, seeks foreign investment to stabilise the local economy Guangdong province, the centre of China’s export industry, is redoubling its efforts to shore up domestic manufacturers and woo foreign investors to counterbalance the increasing […]