GLOBALISATION- CHINA Flashcards

1
Q

when did China start their open door policy?

A

1978

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2
Q

What is China’s open door policy?

A

China opening up to other countries to attract FDI through special economic zones (SEZ)

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3
Q

What is a benefit of China’s open door policy?

A
  • 10% increase in GDP each year of the 2000s which has lifted the nation out of poverty
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4
Q

Why were businesses attracted to China?

A
  • cheap, young and efficient work force
  • very small amount of tax
  • immediate access to contaienr ports, major roads and airports
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5
Q

Who is the worlds largest reciever of FDI?

A

China

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6
Q

Why did western cultures not interact with China prior to the Open Door policy in 1978?

A
  • propaganda from both America and China, with films and media portraying fear and hate
  • America and China were on opposing sides over conflict
  • China had originally been very closed off from the world
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7
Q

How did investment from the west change life in China?

A
  • new trade opportunites
  • consumer goods but they counldnt afford them
  • increase in free expression
  • modernised farming equipment
  • exposure to western cultures
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8
Q

What is an aerotropolis?

A

A city with an airport at its centre

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9
Q

Why is there a SEZ and aerotropolis is Zhengzhou?

A

Zhengzhou is an inland city in the East of China, alongside a river, with a long history as a trading a transport hub. It is well connected to the rest of China

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10
Q

Why are some people for the developments of airports and aerotropolis?

A

They attract investment and FDI which then triggers the multiplier effect

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11
Q

Why are some people against the development of airports and aerotropolis?

A

The negative environmental impacts such as air and noise pollution.

The airports are made redundant if there are high speed railways that are well connected

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12
Q

When did China become a member of the WTO?

A

2001

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13
Q

What are some positive impacts of China’s open door policy?

A
  • led to rapid ecomonic growth
  • lifted more than 850million people from poverty
  • allows free trade
  • improved international relations
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14
Q

What are some negative impacts of China’s open door policy?

A
  • workers are exploited
  • greenhouse gas emissions have increased
  • increased obesity in China
  • tensions between Asian nations and China
  • Chinese culture has been eroded by Western cultures
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