Why Foxconn and Samsung are moving west

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

4 minute readJune 01, 2012 at 12:58 AM

clpstaff

& clp articles

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 will surpass Tianjin and Shanghai by 2014.

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