
Geographical Diversity
Assuming that China is one
homogeneous market would be disastrous. It is not. Most of the foreign
investments have been going into the southern provinces, specifically
Guangdong
and Fujian;
those regions received more than 20 times the investments seen in the
interior parts of China. The greatest industrial output is coming from
the central coastal regions, Jiangsu
and Zhejiang
along with Shanghai,
as much as 5 times greater than some of the underachieving regions.
Consequently, purchasing power, cost of labor, availability of skilled
labor, cost and availability of land, energy and raw materials among
other things can vary by huge increments across the vast country.
Unlike a developed country
such as the United States, the infrastructure in China is still in the
frantically building and modernization stage. A modern infrastructure
smoothes out the bumps and any uneven distribution of resources. A backward
infrastructure is a major cause for regional disparities.