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Quote by Michael Bloomberg

“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.”

Quote by Michael Bloomberg

Author

Michael Bloomberg
Michael Bloomberg

Michael Bloomberg, born on February 14, 1942, is an American politician and businessman. He served as the Mayor of New York City, where he focused on improving city infrastructure, promoting economic development, and enhancing the quality of life for citizens. In the business world, Bloomberg has also made significant achievements, having founded and led Bloomberg L.P., one of the world's largest financial information companies. more

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