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by stravarius
4864 days ago
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The idea of a company the size of Foxconn fleeing China isn't believable. Government regulations, tax structure and cost considerations determine business decision making. And, that's exactly why China's thriving right now. A decade from another low cost center will spring itself up and without doubt businesses will throng that destination. It for sure makes a great negotiating tactic to extract maximum leniency from the Chinese Govt. Besides, Foxconn is one of the poster boys for Chinese manufacturing might and the Govt. won't let them shut shop over night. It's just bad PR! |
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