China rushes to escape low-value manufacturing trap China's policymakers are allured by the potential yields from high-tech sectors, and showing less interest and support for low-end manufacturing, even though it still makes up a large slice of the mainland's economic base.
Rushing to escape low-value trap, China snubs factory heartland *China's low-end manufacturers suffer from policy neglect. SHANGHAI, June 17- Wu Zongjun used to be the face of China's growth miracle. But now China's policymakers are entranced by the potential yields from sectors such as biotechnology and robotics- they have little interest, complains Wu, in the underwear and socks his once-thriving factory churns out.
| By: Sue-Lin Wong and Pete Sweeney