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Author Question: Why did global firms not reject China's demand for investing in Chinese companies, so that China ... (Read 156 times)

FButt

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on: Sep 4, 2018
Why did global firms not reject China's demand for investing in Chinese companies, so that China could move up the value chain?
 
  a. Because they wanted to avoid access to China's sizeable market
  b. In order to take advantage of China's cheap labor force
  c. So that China would buy billions of dollars' worth of U.S. government bonds that fund the U.S. budget deficit
  d. So that China could continuing taking advantage of the currency market.

Question 2

Which Chinese leader recognized that market forces were needed to foster economic growth in China?
 
  a. Mao Zedong
  b. Deng Xiaoping
  c. Chiang Kai-shek
  d. Sun Yat-sen


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lindahyatt42

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Reply #1 on: Sep 4, 2018
Answer to Question 1

b

Answer to Question 2

b


FButt

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Reply #2 on: Sep 4, 2018
TY


lindahyatt42

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Reply #3 on: Sep 4, 2018
You're welcome


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