China’s Fading Factories Weigh on an Already Slowing Economy. Continue reading the main story Video DONGGUAN, China — Walking around an abandoned furniture factory, Fang Minghua pointed out the workshops where several hundred employees once toiled, transforming sheets of raw wood into TV stands or wardrobes for the aspiring middle class in China and other emerging economies.
The factory is relocating to a new facility two hours away, priced out by rising costs and falling orders. Mr. China's silver economy set to grow - FT Business. Watch?v=CEGEQTol5-Y&feature=youtu. How to win in China: Top brands share tips for success. The masses of new middle-class consumers in China are one of the big targets for global companies battling the sluggish economies of Europe and North America.
But which companies have managed to stand out in this important market? The BBC asked global brand research company Millward Brown to find the 20 most powerful foreign brands in China, the ones that have gone in and succeeded where many others have failed. We then asked those companies to tell us the secrets of their success. The top 20 brands.
Emerging economies economist.com/video.