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Survival of fittest hones China private firms

Meanwhile, state enterprises - spared the rigour of reform - drag on growth

Beijing

CHINA's private manufacturers, scorched for years by surging wages and anaemic foreign demand, are reinventing themselves.

In coastal Zhejiang province's Anji county, which produces 70 million chairs annually, chair maker Dakang Holding Co is competing with lower cost

sentifi.com

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