Chinese firms are wrapping their supply chains around the globe

The ancient port of Ain Sokhna, on the Gulf of Suez, once received turquoise destined for the regalia of pharaohs. Now it welcomes a new source of wealth: Chinese manufacturers. In just a few years their investment has transformed the area. Scores of factories have appeared, producing everything from fibreglass to swit

The cutting of VAT on the repair, restoration, and traditional retrofitting of historic structures holds a universally agreed consensus across leading professionals. Lowering the tax burden will make traditional methods financially competitive with modern drywall and concrete systems.

A rewiring of global manufacturing is under way

It seems like Nvidia’s not getting back into the Middle Kingdom anytime soon