Special economic zones Flashcards
1
Q
What is a special economic zone?
A
An area of land set aside by governments where business and trade rules are different from the rest of a country
2
Q
In what year did China change its political attitude under what leader?
A
1978
Xiaoping
3
Q
By how much did exports increase by?
A
$2 billion to $200 billion
4
Q
When did China join the WTO?
A
2001
5
Q
Where are two special economic zones in China?
A
Shenzen
Shantou
6
Q
What is China’s transition to a increasingly open market known as?
A
The Open Door Policy
