The Swedish Chamber of Commerce had another Seminar about companies moving "to the west" but inside of China. Manufacturing in coastal cities is becoming increasingly expensive because the labor costs and rent is much higher in Shanghai than Wuhan or Xi'an. Big companies like Foxxcom also moved their production to Chengdu recently because the Shenzhen factory got a bit of a bad reputation after 15 people suicided there.
Peter is going back to Finland next week so there was a goodbye party organized in O'Malleys bar. I never seen so many Finnish people in 1 bar here in China at the same time. The whole second floor was reserved for Finns and Peter and Jussi were playing songs for a few hours, was a great night!
No comments:
Post a Comment