Strong economic growth in China is expected to continue following good performance in its manufactur...
Strong economic growth in China is expected to continue following good performance in its manufacturing sector. China's cheap labour costs are increasingly leading foreign companies to outsource production there, while foreign investment has also increased following China's entry into the World Trade Organisation (WTO). Omar Negyal, fund manager of Pacific equities at F&C, says: 'The overall stance on China is positive. If the macroeconomy continues to perform well, China will have strong export growth.' David Riddle, senior fund manager at Legal & General, says manufacturing costs ...
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