When China established Special Economic Zones (SEZs) in 1979, those new factories did not compete with China's existing ISI industries because Group of answer choices The SEZ factories were mostly producing cheap consumer goods for overseas (mostly US) markets, but China's industries were mostly producing high tech goods China's free-floating exchange rate meant that inflows of FDI did not impact the economy China allowed free flows of money (no capital controls), so inflows of FDI did not impact the economy they had to import their raw materials and export all of their products