products by offshoring. As Friedman (2006.P138) claimed that, when a company moved one of factories to a developing countries, such as China, it could produce a same product in the same way with a lower manufacturing cost because of lower taxes, cheaper labour, and preferential policy. For example, after 2001 when China joined the World Trade Organization, China opened its market to world, which means off-shore companies can transfer factories to China and sell any products in any places in China. At the…
Words 1529 - Pages 7