Discuss the concept of “regime of world production”


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Discuss the concept of “regime of world production”


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This is an essay from the class the Introduction to Chinese economy. The topic of this essay is about the connection between Chinese economy and globalization and global supply chains. The essay is required to be 4-5 pages and should answer two questions: 1. Discuss the concept of “regime of world production”. In what ways do you think it has undergone fundamental changes in many industries since 1980s? 2. In what ways has China benefited from these changes?