Firms embark on Long March to China’s interior – Jason Subler

Reuters has a long feature on the migration of Chinese firms away from the rat races running in the country’s crowded coastal regions:

Whereas Mao and his rebels retreated from the hills to avoid annihilation at the hands of Chiang Kai-shek’s forces, Lin [Yebiao] and Zhuang [Binguang] are here to flee the cut-throat competition in Guangdong province, the economic powerhouse on the southern Chinese coast.

They and two other business partners used to run a small factory in the boom town of Shenzhen making shirts and other clothing, but with costs there rising, they just couldn’t expand their business enough to stay in the game.

So they have come to scout out Ji’an, a small city in the province of Jiangxi, just inland from Guangdong. [Full Text]

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