Coronavirus: clock ticking for China to stop foreign firms fleeing country report says
1 day ago by msn.com
Labour-intensive industries like textiles and heavy polluters likely to be the first to leave if Beijing does not restore confidence, scientists say Exodus could result in China becoming a ‘hollow economy’, report says China has less than a month to prevent businesses leaving the country in their droves because of the coronavirus epidemic, according to the latest estimate by government scientists. Labour-intensive textile production, hi-tech... read more...
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Coronavirus: clock ticking for China to stop foreign firms fleeing country report says
Labour-intensive industries like textiles and heavy polluters likely to be the first to leave if Beijing does not restore confidence, scientists say Exodus could result in China becoming a ‘hollow economy’, report says China has less than a month to prevent businesses leaving the country in their droves because of the coronavirus epidemic, according to the latest estimate by government scientists. Labour-intensive textile production, hi-tech...