GLOBALISATION - LESSON 3 - THE ROLE OF NATIONAL GOVERNMENTS IN ATTACKING FOREIGN DIRECT INVESTMENT

Question 1

How many workers did it take to build a second terminal at Zhengzhou

Answer 1

20,000

Question 2

How many passengers and tonnes of cargo will Zhengzhou handle each year

Answer 2

70 million

5 million tonnes
(3 x Heathrow 2014)

Question 3

How many times bigger is Zhengzhou than Manhattan

Answer 3

7x bigger

Question 4

What are the goals of the Aerotropolis - Zhengzhou

Answer 4

Encompass, logistic facilities, R&D centres, exhibition halls, and factories that will link central China to the rest of the global economy

Question 5

How many people will Zhengzhou home by 2025

Answer 5

2.6 million

Question 6

How many new airports did the Chinese Government want to build

Answer 6

82
Ended up building over 100

Question 7

Where is a rural airport being built in China and how much does it cost

Answer 7

Nangezhuang
80 billion yuan ($13 billion)

Question 8

What are some key features of Zhengzhou

Answer 8

Training and transport hub
Abundant supply of labour
Well connected
Capital of Henan province

Question 9

How many people live in the Henan province

Answer 9

100+ million people
one of the most populous

Question 10

What is the key industry in Zhengzhou

Answer 10

Making mobile phones

Question 11

What company does Zhengzhou make mobile phones for

Answer 11

Foxconn, best known for producing apple iPhone - Taiwanese company

Question 12

How many people does the Zhengzhou Foxconn factory employ

Answer 12

200,000 year round
300,000 at times of peak production

Question 13

What fraction of the iPhones that are made globally are produced in Zhengzhou between 2012-2015

Answer 13

3/4

Question 14

What are Special Economic Zones

Answer 14

Often large areas of land set aside by governments in locations were placed for international trade companies can import raw materials and export finished manufactured goods from the service without domestic taxes. China have 4.

Question 15

When was the open door policy set up and by whom

Answer 15

December 1978
Deng Xiaoping

Question 16

What does the Open door policy allow?

Answer 16

Open the door to form business, he wanted to set up in China, realising the need for western technology and investment

Question 17

Where were the special economic zones set up in China?

Answer 17

Shenzhen, Zhuhai, Shantou (Guangdong), and Xiamen (Fujian)

Question 18

When did China join the World trade organisation

Answer 18

2001

Question 19

What did China hoped to achieve from their membership to the World Trade Organisation?

Answer 19

China hoped its membership will ensure its reformed and market orientated. Economic system continues to flourish.