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Practice Reading: Fill in The Blanks (Drag & Drop)
ID: #37200
World Factory
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In China's modern day economic history the Open Door Policy refers to the new policy by Deng Xiaoping in December 1978 to open the door to foreign businesses that wanted to set up in China. Special Economic Zones (SEZ) were set up in 1980 in his that in order to modernize China's industry and its economy, it needed to welcome foreign direct investment. Chinese economic policy then to encouraging and supporting foreign trade & investment. It is the turning point in China economic fortune that started China on the path to becoming 'The World's Factory'.
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