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Why Chinese Manufacturing Wins
Video

Why Chinese Manufacturing Wins


audio autogenerado
audio autogenerado

Editorial Rating

7

Qualities

  • Well Structured
  • Overview
  • For Beginners

Recommendation

China’s swift transformation from impoverished agricultural society to manufacturing powerhouse has become a defining aspect of recent world history. But how did China accomplish this feat? Wendover Productions provides a well-researched, succinct answer to this question. getAbstract recommends this informative video, which covers both the history and the future of China’s economy, to the general-interest viewer and to anybody with a stake in the Chinese market.

Take-Aways

  • In the four decades since 1978, manufacturing has been the engine of China’s remarkable economic growth.
  • Many factors accelerated this growth, including cheap international shipping, inexpensive Chinese labor, artificially depressed Chinese currency, tax-free exports and the designation of special economic zones as free markets within China.
  • The special economic zone of Shenzhen has become the globe’s “electronics manufacturing capital” because its factories can rapidly design and produce products.

About the Speaker

Wendover Productions publishes short educational videos that explain how the world works. 


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