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China's Private Enterprises Are Accelerating Their Relocation Abroad. Bosses: "I See No Hope staying."
Summary by 大纪元 Epoch Times
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Several business owners in Zhejiang, Jiangsu, and Guangdong provinces told The Epoch Times that since the beginning of this year, many private enterprises have chosen to relocate their operations overseas due to policy pressure, rising costs, and sanctions from the US and Europe. In particular, approximately 20% of competitive companies in Wenzhou, Zhejiang, have completed or are planning relocations. During the National Day holiday, amidst the …
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