China’s economic power has been on an increasing rise ever since China opened up it economy few decades ago. This move has allowed China to develop and progress tremendously. The growth of the China market is overwhelming to both the Chinese and the world around. Statistics showed that China has been enjoying a two-digit growth from 2003, and its economic growth rate in 2006 even reached 10.7%.
However, China market does have its risky side. Chinese consumers have a strong national pride so multinational companies could lose important market segments by seeming too foreign to the locals.
Government regulations on foreign investments involve a lot of complexities for foreign companies when they try to enter into the China market. As most of the foreign investo View the rest of this article
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