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Factories Staying Put in China
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Factories Staying Put in China

Our Correspondent
Jun 23, 2008
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In December 2006, the Qingdao Morning Post reported that 30 South Korean employees from Xinyi Leather Products and Xinwu Leather Products had suddenly left, leaving 300 Chinese employees unpaid and US$14 million in debts to local banks.

Quoting anonymous local officials, the Shanghai-based 21st Century Economic Report said authorities were increasingly t…

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