China, Globalisation

Question 1

Open door policy and SEZs

Answer 1

~Mao died, china ‘opened its doors’ to foreign investment
~300 million left rural areas for the cities
~TNCs were attracted on a huge scale

Question 2

Attraction of china

Answer 2

~Cheap skilled labour
~Govs spent large money on industrial estates
~Trade liberalisation and deregulation
~ shipping fees reduced in 1980s
~In SEZs, tariffs are reduced and contribute to 50% of their GDP since 1990