摘要
Some foreign companies recently shut down their factories in China. Japanese watchmaker Citizen shuttered its manufacturing base in Guangzhou, south China＇s Guangdong Province, Panasonic announced plans to close down two TV production lines, and Microsoft decided to discontinue two cellphone production lines previously run by Nokia. Does it mean an exodus of large multinationals from China？ Mei Xinyu, a researcher with the Chinese Academy of International Trade and Economic Cooperation, says there is no reason to panic. Excerpts of his argument follow：IT is true that some foreign companies recently shut down their factories in China and these multina- tional moves are bound to draw attention. However. the reports by a section of the media giving the impression that multinationals are leading an exodus of foreign companies from China are one-sided.
Some foreign companies recently shut down their factories in China. Japanese watchmaker Citizen shuttered its manufacturing base in Guangzhou, south China＇s Guangdong Province, Panasonic announced plans to close down two TV production lines, and Microsoft decided to discontinue two cellphone production lines previously run by Nokia. Does it mean an exodus of large multinationals from China？ Mei Xinyu, a researcher with the Chinese Academy of International Trade and Economic Cooperation, says there is no reason to panic. Excerpts of his argument follow：IT is true that some foreign companies recently shut down their factories in China and these multina- tional moves are bound to draw attention. However. the reports by a section of the media giving the impression that multinationals are leading an exodus of foreign companies from China are one-sided.
