Page 512 - 2018 White Paper on the Business Environment in China
P. 512
8 White Paper on the Business Environment in China

Main Reasons for Having Lowered Annual REInvestment in China
or Shifted REInvestment in 2017

The most important reasons for the shift in reinvestment in 2017 were rising local
operating costs, fierce local competition in China, and the existence of rapidly
growing markets in other regions. Other reasons were the uncertainty of the outlook for
the Chinese market and the appreciation of the Renminbi.

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