ECON 336 Lecture Notes - Lecture 9: Sinopec, Gree Electric, World Trade Organization

• School: McGill University
• Department: Economics
• Course: ECON 336
• Professor: Christopher Green

Document Summary

Economic zones sezs to attract foreign investors to. 1usd intensive: a dual trade regime: the export processing system (ep, after 1986, coastal development strategy: all types of firms allowed to engage in ep and assembly contracts. Kong and taiwan: this led to foreign direct investment, especially from hong, there were, in essence, two trading regimes: ep and (cid:494)ordinary(cid:495) trade, with ep accounted for 56% of total exports by 1996. By (cid:884)(cid:882)(cid:882)(cid:891), china was the world(cid:495)s largest trading nation, and not coincidentally the world(cid:495)s largest ship builder: china(cid:495)s export boom; (cid:884)(cid:882)(cid:882)(cid:882)-2001 the late (cid:883)(cid:891)(cid:891)(cid:882)(cid:495)s until the global downturn in (cid:884)(cid:882)(cid:882)(cid:890) -2009. China(cid:495)s undervalued exchange rate last some specific (cid:498)hi-tech products such as cell phones, lcd: china(cid:495)s rapid rise has occurred in increasingly globalized, trade, followed by fdi, has contributed mightily to china(cid:495)s. Through it is has come: management experience, marketing channels, technological expertise and technology transfers, overwhelmingly, incoming fi has taken the form of fdi rather than.