EQ2 Global shift in India and China Flashcards

1
Q

When did China open up to globalization?

A

1978 with open door policy

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2
Q

When did china open up to globalisation?

A

1991 with economic liberalisation (promotes free trade, less privatization)

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3
Q

What did India specialize in after global shift and why?

A

-Providing services like call centers
-English is widely spoken across India because of rule of British Empire in the past

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4
Q

What did china specialize in after the global shift and why?

A

-Specialized in manufacturing industries
-This was because of the vast majority of people willing to work

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