Why has this aspect of china’s reform been so spectacularly successful?

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Read the article “China Makes, the World Takes” by James Fallows, and the New York Times article on iPhones. What are the main factors that have contributed to China’s, and specifically Shenzhen’s, spectacular success in luring investment manufacturing activity from abroad? Why has this aspect of China’s reform been so spectacularly successful? What are the implications for US economy and US workers? What are the implications for Chinese workers?

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