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China is investing in factories in Eastern Europe, not because their labor costs are lower, but because they want to be closer to their markets.
— Michael Bloomberg
Tags: because, china, labor, want

Other Quotes by "Michael Bloomberg"

I do think there are certain times we should infringe on your freedom.
— Michael Bloomberg
Tags: should, your, think, freedom
We should remember it wasn't so long ago that confidence in New York was in short supply.
— Michael Bloomberg
Tags: new, remember, long, confidence
What has changed is that people have stopped working together.
— Michael Bloomberg
Tags: working, changed, working-together, together, people
I know how to make decisions and stand up to the criticism every day.
— Michael Bloomberg
Tags: every-day, stand, know, day
You are safer here tonight than you would be on the streets of any other city in the world.
— Michael Bloomberg
Tags: than, city, world, you
View More by "Michael Bloomberg"
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