Western retailers in China boost Chinese manufacturing supremacy

When western retailers like Walmart and Tesco move into China, Chinese manufacturing gets a boost, shows a new study by the University of British Columbia’s Sauder School of Business. “Many assume Western retailers act as gateways for western goods into Chinese markets, helping to resolve trade imbalances tipped in favour of China’s powerhouse manufacturing sector,” says lead author Keith Head, HSBC Professor in Asian Commerce at Sauder. “But it appears that multinational retailers are actually enhancing the export capabilities of Chinese suppliers.” —> Read More Here


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