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Compare and contrast China's newest economic regions: the Special Economic Zones (SEZs), Open Cities, and Open Coastal Areas. What is the purpose of each regional type? Show how each contributes to the Pacific Rim developments that are currently affecting much of China's seaboard.
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Compare and contrast China's newest economic regions: the Special Economic Zones (SEZs), Open Cities, and Open Coastal Areas. What is the purpose of each regional type?
SEZS: refer to the Chinese coastal manufacturing and export centre, established in the 1980s and 1990s. The main aim is to attract foreign investments and technology transfers through special tax benefits and additional economic incentives (low land and labour costs). They are Shenzhen, Zhuhai, Shantou, Xiamen, Hainan Island, Pudong (Shanghai)
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explain the basis for international trade
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• What is the motive for expanding into foreign markets, and more specifically why the chosen county. • Analysis of at least three alternative international expansion strategies
what are the alternative theories of international trade?
Globalization The procedure of interlinking financial markets in various countries into a common, world pool of funds to be accessed by both between borrowers and lenders. It
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