Guangzhou, capital of Guangdong province and the heart of China’s Pearl River Delta manufacturing hub. Photo: Xinhua

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

As the trade war hits Guangdong’s export businesses hard, the province cuts business costs, seeks foreign investment to stabilise the local economy

Topic |   China economy

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Guangzhou, capital of Guangdong province and the heart of China’s Pearl River Delta manufacturing hub. Photo: Xinhua
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