Moving To the Suburbs I
The push to get out of high-cost offices, factories and warehouses in city center locations, continues at a pace in China.A combination of rising real-estate prices for Grade A buildings, 18% average salary increases year-on-year, and a push for a cost-down corporate strategy, ensures that there are few other choices. The China Plus 1 strategy takes you only so far because the strategy always includes at least one location in China.
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