|How China built 'iPhone City' with billions in perks for Foxconn|
|By Thom Holwerda on 2016-12-29 21:03:09|
The well-choreographed customs routine is part of a hidden bounty of perks, tax breaks and subsidies in China that supports the world's biggest iPhone factory, according to confidential government records reviewed by The New York Times, as well as more than 100 interviews with factory workers, logistics handlers, truck drivers, tax specialists and current and former Apple executives. The package of sweeteners and incentives, worth billions of dollars, is central to the production of the iPhone, Apple's best-selling and most profitable product.
Fascinating look at what the local Chinese governments do to entice Foxconn.
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