Last Updated:2025/12/31
Sentence
Confronted
with
the
challenge
of
economic
restructuring
in
the
context
of
the
noninterventionist
policy
of
the
Hong
Kong
government,
local
manufacturers
had
amore
limited
ability
to
pursue
technological
upgrading
than
their
counterparts
in
Taiwan,
South
Korea,
and
Singapore
had.
Their
survival
strategy
was
to
take
advantage
of
the
new
availability
of
the
massive
supply
of
cheap
labor
and
cheap
industrial
land
in
South
China.
Quizzes for review
Confronted with the challenge of economic restructuring in the context of the noninterventionist policy of the Hong Kong government, local manufacturers had amore limited ability to pursue technological upgrading than their counterparts in Taiwan, South Korea, and Singapore had. Their survival strategy was to take advantage of the new availability of the massive supply of cheap labor and cheap industrial land in South China.
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