Changing times require changing strategies
China Daily | Updated: 2012-06-12 08:27
Reporter's log | Zheng Yangpeng
The economy's transition is posing a challenge to all companies, including those with overseas investment.
Factories owned by overseas investors have long been a more competitive part of China, using its abundant labor to generate increasing export incomes. But now, as the economy is changing from export-led growth to growth driven primarily by domestic consumption, they will have to rethink their China strategies.
Photo