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 'Brutal consequences': chief executive warns China over exodus of manufacturers

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RR Phantom

RR Phantom

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'Brutal consequences': chief executive warns China over exodus of manufacturers Vide
PostSubject: 'Brutal consequences': chief executive warns China over exodus of manufacturers   'Brutal consequences': chief executive warns China over exodus of manufacturers Icon_minitimeMon Aug 12, 2019 11:00 pm

Ansell chief executive Magnus Nicolin has warned China of "brutal" consequences as manufacturers leave the country over rising costs and fears at the escalation in trade war with Donald Trump.

'Brutal consequences': chief executive warns China over exodus of manufacturers D371c84c6e17273c3b727637ef8dbe72216febef

"So many manufacturers are moving out of China at breakneck speed. You don't see it in the China-reported GDP growth numbers yet. I suspect that sooner or later it will be visible," Mr Nicolin said.

https://www.smh.com.au/business/companies/brutal-consequences-ansell-warns-china-over-exodus-of-manufacturers-20190812-p52gat.html
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'Brutal consequences': chief executive warns China over exodus of manufacturers

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