Why Foxconn and Samsung are moving west

June 01, 2012 | BY

clpstaff &clp articles

Chongqing attracted more foreign direct investment than Beijing last year. Impressive tax incentives are only part of the reason why businesses are moving to China's interior

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A report by the Economic Intelligence Unit released last week calculated FDI in Chongqing at $10.8 billion in 2011. The municipality overtook Beijing for the first time, with analysts predicting it