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China, at the heart of «Factory Asia» | CaixaBank Research
This term refers to the continent's particular industrial interconnections that have undoubtedly been a leading factor in the considerable progress observed in the last few decades in a large number of the countries in the area. But the future of this success story is not guaranteed, particularly given the significant transformations the Chinese giant is undergoing. These intermediate inputs are moved from one country to another as they are successively incorporated within the production processes of other goods and services, until reaching the end of the chain. At this point, the goods and services are ready to be consumed by their end users.