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...“We used to supply Shein, but now we can’t supply them directly because we don’t meet their requirements on factory size,” said Louis Li, a bag factory owner in Guangdong, who added that after Shein cut...
...Kamieth has been closely associated with Brudermüller’s decision to build a €10bn petrochemicals site in Zhanjiang, in the Guangdong province....
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...The German group is currently building a €10bn state-of-the-art petrochemical plant in Guangdong, which started construction in late 2019....
...The good news is integration and intense competition from neighbouring Guangdong will foster change. Mainland China will continue to be a major source of talent, capital, policy support and new ideas....
...Guangdong, adjacent to Hong Kong and home to more than 125mn people, is China’s economic powerhouse and consumes more energy than any other province....
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...While cutting costs at home, the company is building a €10bn petrochemical site in Guangdong, its biggest-ever foreign investment....
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...It ditched a number of its suppliers in the southern coastal province of Guangdong after it found that they violated their certification requirements. Additional reporting by George Parker in London...
...He then spent more than two decades in Guangdong working in finance and audit departments....
...Global Times, a state tabloid media outlet, on Sunday reported that tax authorities inspected Foxconn’s sites in Guangdong and Jiangsu, while natural resources officials checked facilities in Henan and Hubei...
...It was also to appease Chinese authorities who demanded the joint €170mn investment in return for approving VW’s plans to expand in Guangdong, as someone acquainted with the discussions over the plant recently...
...Guangdong Hynn Technology, a Chinese producer of battery-making equipment with more than 3,000 employees, set up its Japan office in 2023, hoping to grab business with companies such as Toyota....
...Beijing has so far emphasised the need to complete unfinished projects and has not openly intervened in Evergrande’s case, with local authorities in the southern province of Guangdong, where Evergrande is...
...government and state media last year were Wuhan Urban Construction Investment & Development Group, PowerChina Equipment Group and Wuhan Metro, as well as Huizhou Water and Huizhou Transport Investment Group in Guangdong...
...Beijing is betting that increasing infrastructure investment in richer coastal provinces such as Zhejiang or Guangdong can offset the cutbacks in the 12 targeted areas, which include the province-level cities...
...Lai, who is in his 50s, plans to move to the city of Zhaoqing in Guangdong province when he retires....
...Natixis senior economist Gary Ng, meanwhile, estimated Hongkongers spent about HK$67bn in the whole of 2023 on trips to Guangdong....
...Shein still employs thousands of people in China, including designers and supply chain managers, and outsources manufacturing to factories in the southern province of Guangdong....
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