After years of supplying garments to major brands in the West such as Nike, Puma and Gap, one Chinese garment factory is now turning its sights on Cambodia as a potential market for its goods. The Hongdou Group, also known as Hodo, is mostly involved in the garment sector and in producing rubber materials such as tires. Edward Kingson, director of the brand culture department at the Hongdou Group, said the move represented a shift in their focus away from their main markets in China. Cambodia has more than 500 garment factories employing more than 800,000 workers. Chen added that an unnamed Chinese company was preparing to sign a contract with the SSEZ to invest about $200 million in the steel industry.
Source: Bangkok Post November 16, 2016 13:19 UTC