China Unveils New Incentives as Foreign Firms Shift Investment Elsewhere

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A man walks along a road at a Central Business District in Beijing on March 6, 2014. Wang Zhao/AFP via Getty ImagesAs Beijing rolls out new measures to stabilize foreign investment, industry insiders say many multinational companies are continuing to scale back their exposure to China, shifting new investment and production capacity to Southeast Asia, India, and Mexico amid growing concerns over regulatory uncertainty, data restrictions, and geopolitical tensions.They spoke to The Epoch Times on condition of anonymity or only publishing their surnames out of fear of reprisal.

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