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Class 10 > Learn Social Studies > The Multinational Companies (MNCs) chose China as an...
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The Multinational Companies (MNCs) chose China as an alternative location for investment.' Explain the statement.

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(i) Since the revolution in 1949, China gradually came in the field of World economy. It attracted the foreign MNC's because of its lowest economic structure. (ii) Wages were relatively low. (iii) China has the largest population besides labour. They also formed a large consumer base
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(i) Since the revolution in 1949, China gradually came in the field of World economy. It attracted the foreign MNC's because of its lowest economic structure.
(ii) Wages were relatively low.
(iii) China has the largest population besides labour.
They also formed a large consumer base

 

 

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a) China had a large and rapidly expanding market. b)Market was not overly affected by the Financial Crisis. c)Strong Potential d)Low Cost Production e)Plenty of Employees
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