Why Did Global Firms Not Reject China's Demand for Investing

question 4

Multiple Choice

Why did global firms not reject China's demand for investing in Chinese companies, so that China could move up the value chain?

• A) Because they wanted to avoid access to China's sizeable market
• B) In order to take advantage of China's cheap labor force
• C) So that China would buy billions of dollars' worth of U.S. government bonds that fund the U.S. budget deficit
• D) So that China could continuing taking advantage of the currency market.

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