Laurie Underwood writes in the American Chamber Commerce magazine about the a tale of two FDI Destinations: Pudong or Chengdu? She explains:
As MNCs launch their 2007 business plans in China, expansion is almost surely part of the mix. In AmCham Shanghai's 2006 China Business Survey, 90 percent of responding Chamber companies expanded their China investment during 2006, 86 percent expanded capacity, and 50 percent were expanding into tier-two or tier-three cities.
2007 will undoubtedly see continued aggressive growth for U.S. companies in China, only this year, they face a broader, more diverse - and more confusing - range of possible investment destinations than ever before.
This month, Insight looks at two extremes on the investment spectrum: the well-developed, well-established but increasingly expensive destination of Pudong (Shanghai's "Special Economic Zone") or the ultimate western China pioneer town of Chengdu, where opportunities abound but risks run high.
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