SEZ's + china casestudy

Question 1

SEZ

Answer 1

special economic zones

Question 2

flo-chart for chinas open door

Answer 2

1. opened up to foreign investments by having radical open door reforms
2. agriculture communes dismantled (farmers can make profits)
3. urbanisation occurs, migration of 300 mil people
4. factories and 4 SEZ’s developed in coastal areas to attract foreign investment
5. now, 400mil people have escaped poverty and the economy is the largest in the world

Question 3

how do SEZ’s accelerate globalisation

Answer 3

the aim is to increase investment, trading, employment as well as attracting FDI which means global locations are further interconnected

eg. china’s SEZ attracted $1bn of foreign investment

Question 4

how did china’s economy grow as a result of the open door policy 1987

Answer 4

FDI totalled $34.5bn between 1979 and 1992
1989 China was the 13th largest exporter compared to 32nd in 1978

Question 5

China and steel

Answer 5

by 2007, China was the larger producer, consumer and exporter of steel - energy subsidies totalled $27bn

Question 6

China and paper

Answer 6

$33bn in subsidies between 2002 and 2009, tripling china’s paper production