Special Economic Zones
- 1979 four special economic zones were opened for trade and investment with the west
- Foreign firms were allowed to operate here
- Cheap labour was provided
- New technology and management practices were introduced
Quote
"Some surveys show that migrant wages increased by 20% in the first half of 2010." (article about the end of cheap labor in china)
- Yang Yao
- Yang Yao
Subjunctive Question
is it right to take advantage of the cheap labour provided by China?
Summary
Special zones were opened in China to allow for trade. New technologies were introduced because there was now competition. Because of Chinas population they were able to take advantage of the cheap labor.