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Many factories in Guandong Province long a key area in the production of apparel and footwear for export are now closing hit by a number of factors at the same time, higher costs, stricter labor laws, no government incentives, stricter pollution laws. China is encouraging this shift to improve living standards and shift production to more sophisticated goods.
China’s Inflation Hits American Price Tags
New York Times 02/01/2008
Many Factories in China's South Sound Last Whistle
Wall Street Journal 02/22/2008
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