BUSINESS leaders attending a major economic conference Wednesday were encouraged to keep their capital and investments in China due its outstanding cost-effectiveness when compared with some other Asian countries. Christopher Nailer, the Singapore-based regional economist of the Economist Corporate Network, told 100 business leaders attending the final day of the Regional Strategic Forecast in Hong Kong that China was one of the few countries in Asia that enjoyed a high level of cost-effectiveness. So, despite worldwide economic recession, they should keep their production bases in China. “Make sure you don’t close a factory in China,” he said. Also, China was providing economic stability for investors and businessmen, shielding them against the worldwide recession caused by sluggish economic growth in the United States, Europe and Japan, he said. “In the next 24 months, look out for some domestic and regional economies de-linking from the U.S. economic cycle, especially China,” he said.

　　(Xinhua)