A worker drives a forklift past aluminium rolls at a factory in Huaibei, Anhui province, China. Photo: Reuters
China’s central regions lure manufacturing from the affluent coast, with low labour and land costs
- Foreign investment is rising rapidly in central China, as many manufacturing firms move production away from the coastal regions in search of lower costs inland
- China’s six central provinces – Anhui, Henan, Hubei, Jiangxi, Hunan and Shanxi – are all are tapping into the growing demand for low-cost production
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China economy
A worker drives a forklift past aluminium rolls at a factory in Huaibei, Anhui province, China. Photo: Reuters
US Ambassador to China Terry Branstad (left), US Treasury Secretary Steven Mnuchin, US trade representative Robert Lighthizer and Chinese Vice-Premier Liu He in Beijing this week. Photos: EPA
China tempers US hints that Beijing and Washington are preparing for the ‘last round’ of trade talks
- Chinese Vice-Premier Liu He will head to Washington next week for the 11th round of talks to end the trade war that has hit the global economy for almost a year
- White House spokeswoman Sarah Sanders suggests meeting between US President Donald Trump and Chinese counterpart Xi Jinping is closer than ever
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US-China trade war
US Ambassador to China Terry Branstad (left), US Treasury Secretary Steven Mnuchin, US trade representative Robert Lighthizer and Chinese Vice-Premier Liu He in Beijing this week. Photos: EPA