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Thread: RMB appreciation fosters more Chinese companies to go abroad
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[quote=MARRIE,271443]Gary, the trend is US is outsourcing manufacturing (labor-intensive) to China. If this is multinational business, what china got is the valuable assets – world-class management and its global experience. If china invest foreign business or further acquire business abroad, the business will be highly capital intensive with qualified local mgt team and working staff. [/quote]
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