One of the company’s I’ve invested in has relocated machinery production to China, recently, from Europe.
I suggested they look at Thailand, or Malaysia as a potential base, but China won out. I think their decision may not be so insightful as they thought.
Chinese GDP growth hit its lowest level since 1999 last year. Part of the slowdown is being driven by Beijing’s efforts to re-balance the economy away from exports and investment-led growth to domestic demand driven growth.… Read more