Notes
-Created Special Economic zones: four areas were open to foreign firms and they were allowed to operate in China
-This provided cheap labour for foreign firms
-New technology and management practices were introduced to China
-Created Special Economic zones: four areas were open to foreign firms and they were allowed to operate in China
-This provided cheap labour for foreign firms
-New technology and management practices were introduced to China
Summary
In 1979 Deng opened up four special economic zones that were for trade and investment with the west. At these zones, foreign firms were allowed, cheap labour was provided and new technology and managment practices were introduced. Many of the firms came from Hong Kong and took advantage of the cheap labour.
Quotes
"Until the Nineteen-Eighties, when Deng Xiaoping designated the area as China's first special economic zone, Shenzhen had been a tiny fishing village. Suddenly, eleven million people appeared, seemingly out of nowhere; factories sprang up, often housed in hastily constructed tower blocks."
-Michael Specter
Subjunctive Question
In 1979 Deng opened up four special economic zones that were for trade and investment with the west. At these zones, foreign firms were allowed, cheap labour was provided and new technology and managment practices were introduced. Many of the firms came from Hong Kong and took advantage of the cheap labour.
Quotes
"Until the Nineteen-Eighties, when Deng Xiaoping designated the area as China's first special economic zone, Shenzhen had been a tiny fishing village. Suddenly, eleven million people appeared, seemingly out of nowhere; factories sprang up, often housed in hastily constructed tower blocks."
-Michael Specter
Subjunctive Question