China’s Multiple Economies Make Factory Dominance Hard to Crack

It’s not just China’s sheer size that makes competing against its manufacturers so hard — but also the nation’s vast disparity in development.

That’s according to new research from the China Finance 40 Forum, which said China effectively contains multiple economies within one national market. Known as CF40, it’s one of the most influential economic think tanks in China and counts many economic officials as well as prominent economists among its members.