Challenges ahead as country rises higher on the value chain
By Li Xiang | China Daily | Updated: 2015-04-09 08:21
In the fifth of a series on the 'new normal' economy, Li Xiang highlights how the nation continues to be a magnet for foreign investors.
For decades, as the world's largest construction and manufacturing site, China has been a major magnet for foreign direct investment thanks to its low-cost labor and double-digit growth.
But as the economy begins to shift into a slower gear to ensure better quality, known as the "new normal", increasing numbers of foreign businesses have been left pondering whether the country remains such a good bet.
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