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Tycoon moves jobs to U.S., citing high taxes in ChinaA Chinese auto glass tycoon has caused a stir by shifting part of his empire to the United States and setting up a factory in Ohio, citing high taxes and soaring labor costs at home.Cao Dewang's $600 million investment comes after Donald Trump threatened to declare Beijing a currency manipulator and slap 45 percent punitive tariffs on Chinese imports to protect American jobs.In an interview with the state-owned China Business News last week, Cao said the country was home to the "world's highest taxes" and that the manufacturing industry suffered under taxes 35 percent higher than those imposed by the U.S.
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