According to Martyn Davies, Beijing is rolling out SEZs -- special economic zones -- in targeted African economies. There are six such zones currently operating in Africa, with more to come. It is hoped that these hubs for Chinese capital investment may prompt broader market reforms and stimulate growth in their recipient economies in the same way they did in China more than two decades ago.The SEZs are expected to assist Chinese companies to expand into new markets on the African continent. But in addition to the economic rationale, there also exists a political motivation. These zones will create jobs and export earnings for local citizens.
Read more here.
Note: Michael E. Porter, was big on zones or critical masses for global competitive success.
Posted by: The Global Small Business Blog
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