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.
· Most firms come from Hong Kong to take advantage of the cheap labour.
· Foreign firms were allowed to operate here.
· Cheap Labour was provided.
· New technology and management practices were introduced.
· Most firms come from Hong Kong to take advantage of the cheap labour.
A map showing the locations of the zones.
Special Economic Zones (of the People's Republic of China)
the SEZs did a lot to improve the level of wealth in East Asia.
Subjunctive Question: What if the economic zones were established under Mao, so as to gain political influence? If Communism sought to soften itself in such a way, could the tension of the Cold War have been lessened?