what are the most likely reasons a ya corporation would open a factory in china?

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missyamato2001 missyamato2001

29-10-2018
Social Studies

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what are the most likely reasons a ya corporation would open a factory in china?

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mrsedlack mrsedlack · Answer 1 · 2018-10-29T20:22:42+01:00

mrsedlack mrsedlack

29-10-2018

There are a myriad of reasons why a factory owner would choose to open a factory in China.

At its base, economics requires one to control costs while charging the highest price that the market will allow for a product.

And so, if 1. the costs of production are lower in China or 2. the consumer is in China, it can be advantageous to create a product in China to be sold in China or elsewhere.

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