China the factory of the world - the giant awakes

5 important questions on China the factory of the world - the giant awakes

Why did everything change after 1980?

when the government realized that neighbouring countries such as Japan and South Korea were much richer than China. Businesses in these countries were free to choose which goods to produce (free market economy).

Where are most of the open cities and SEZs?

Along the east coast

Why is along the east coast a logical place?

The best place for communication and traffic between China and countries overseas (ports)
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How much money is invested in the SEZs along the coast and in  the inland?

coast: more than 100,- per inhabitant (50-100 euros in a few places)
inland: less than 5,- per inhabitant

Why is there such a big difference?

- The coast is near the sea ports (important for the economy)
- population density: the east is a core region with big cities such as Beijing, Shanghai and Hongkong

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