Workers toil in a Foxconn factory in Guangdong province. The company’s agreement to pay its 1.2 million Chinese workers more shows that the country is losing its claim to be the world’s cheapest producer of just about everything. Increasingly, Chinese companies are moving production offshore. Photo: Reuters Workers toil in a Foxconn factory in Guangdong province. The company’s agreement to pay its 1.2 million Chinese workers more shows that the country is losing its claim to be the world’s cheapest producer of just about everything. Increasingly, Chinese companies are moving production offshore. Photo: Reuters
Workers toil in a Foxconn factory in Guangdong province. The company’s agreement to pay its 1.2 million Chinese workers more shows that the country is losing its claim to be the world’s cheapest producer of just about everything. Increasingly, Chinese companies are moving production offshore. Photo: Reuters
China economy

Why Chinese companies are creating foreign jobs

This is the first part of a two-part study of China's growing overseas business clout by George McKibbens, a Guangzhou-based writer and educator. who teaches history at South China Normal University and writes for Guangzhou News Express.

Topic |   China economy
Workers toil in a Foxconn factory in Guangdong province. The company’s agreement to pay its 1.2 million Chinese workers more shows that the country is losing its claim to be the world’s cheapest producer of just about everything. Increasingly, Chinese companies are moving production offshore. Photo: Reuters Workers toil in a Foxconn factory in Guangdong province. The company’s agreement to pay its 1.2 million Chinese workers more shows that the country is losing its claim to be the world’s cheapest producer of just about everything. Increasingly, Chinese companies are moving production offshore. Photo: Reuters
Workers toil in a Foxconn factory in Guangdong province. The company’s agreement to pay its 1.2 million Chinese workers more shows that the country is losing its claim to be the world’s cheapest producer of just about everything. Increasingly, Chinese companies are moving production offshore. Photo: Reuters
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