China's global shift in manufacturing
- Created by: sarah-pearce17
- Created on: 18-10-18 11:58
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- REASONS FOR GROWTH IN CHINA
- Guangdong
- free trade zone
- coastal area
- borders Hong Kong
- Economic
- industry uses technology
- Free zone created2015
- special econmomic zones allow foreign trade & investment to occur without authorisation. local govt offer tax incentives to FI
- Physical
- coastal = ports for trade. encourages importsand exports
- borders hong kong = leading international financial centres, low taxation and free trade. busiest port and close to china
- Political
- communist govt. economic reform in 1978 and privatised many sectors to allow people to earn more. brought out 608 million out of poverty.
- Costs
- People & Environment
- loss of productive farm land
- increase in unplanned settlements
- pollution and health problems
- 100 cities suffer extreme water shortages
- 360 million have no access to clean water
- resource pressure
- loss of biodiversity
- People & Environment
- Benefits
- People & environment
- reduction in poverty
- better education & training
- People & environment
- Example of TNC
- Lenovo
- healthy and significant Chinese multinational
- 2014 = operating incomes over a billion dollars
- benefits: 1. investment in infrastructure 2. reductions in poverty 3. increase in urban incomes 4. better education & training
- Lenovo
- Guangdong
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