INSTRUCTIONS:
How they operate, what opportunities they receive and what challenges they face (economical, social and political) What kind of strategies they have implemented Compare the situations after reform and opening up policy 1979 and now. After the reform and opening up policy in 1979, China needed foreign direct investment and foreign currency so much. Before 1979, China was a very closed economy system. Analyse a bit of China’s economy system, talk about how China restricted the foreign enterprises’ control, And now, what are the latest policies that benefits multinational enterprises, Cite the figures that how foreign direct investments from those multinational enterprises entered in China and how it helped China to boost to become 2nd largest economy in the world. Use enterprises with different industries, like Apple from technology, Johnson & Johnson from cosmetics etc And compare a bit how Chinese local enterprises start to have the competitiveness to compete with the multinational enterprises