"The multinational companies (MNCs) choose China as an alternative location for investment ?" Explain the statement.
"The multinational companies (MNCs) choose 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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