Encouragement of foreign direct investment

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By welcoming foreign direct investment (FDI), China's open-door policy has added power to its economic transformation. Please answer the following QUESTIONS:

a. How did the encouragement of foreign direct investment specifically in manufacturing helped China's growth?

b. How did China solve the labor shortage problem in these Special Economic Zones?

c. What did China do to improve the investment climate for the private sectors?

Reference no: EM133203150

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