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Why China

  • Manpower -- huge, disciplined labour force
  • Hardworking -- to get over poverty
  • Over 1 million graduates every year
  • Cheap -- just 5 per cent of US cost, 10-15 per cent of Germany
  • Huge local market
  • Huge infrastructure in place
  • No telecom problem
  • Stable environment -- social and political (At least in the short term)
  • Pro-FDI, pro-manufacturing
  • US $1.3 trillion economy growing at 8 per cent