+1 vote
in Class 10 by kratos

'China becomes an attraction destination for investment by foreign MNCs in the 19th and 20th centuries.' Justify the statement.

1 Answer

+5 votes
by kratos
 
Best answer

China becomes an attraction destination for investment by foreign MNCs in the 19th and 20th centuries because :
(i) Wages were relatively low in countries like China.
(ii) This is because of the low-cost structure of the *** economy, most importantly its low wages.
(iii) TVs, mobile phones, and toys we see in the shops seem to be made in China.

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