Factory closures 'no crisis'

The overall economy of Dongguan in Guangdong province, one of the world's largest producers of smartphones, has not been affected by the closure of some foreign-invested businesses, a top local government official said.

"It's normal for factories to close if sluggish demand has affected their operations," said Mayor Yuan Baocheng.

Several large foreign-funded factories in the city, most of which were making smartphones and related accessories, have suspended operations recently. But even so, other kinds of facilities are being opened.