China’s Economy Drained! Private Companies Move Abroad as Bosses Say: "No Hope Left"
China’s Economy Drained! Private Companies Move Abroad as Bosses Say: "No Hope Left"
Udumbara
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During the National Day period after Oct. 1, while the Chinese Communist Party's official media emphasized the "great rejuvenation of the Chinese nation" and grand narratives, another side of Chinese society quietly emerged. A large amount of private capital and manufacturing businesses are discreetly relocating, shifting their industrial chains to Southeast Asia and other regions.
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