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China's opening up has unleashed lucrative opportunities to foreign investors. However, doing business in China is far more difficult than many people have anticipated. Today, the cut-throat competition has made it imperative for investors to understand China's investment environment; failing to do so has resulted in the failure of numerous foreign invested enterprises. This book systematically examines China's investment environment for FDI, including the condition of various infrastructures and the political, economic and social contexts. Main problems encountered by investors are also investigated; and practical advice for successfully doing business in China is given, including understanding and making effective use of Guanxi, navigating through the complex legal systems, organising distribution in a large transitional economy, and appreciating the unique consumer behaviours. This book is an essential guide to investors in avoiding common and expensive pitfalls of doing business in China, and an invaluable reference for consultants, researchers and students in understanding the Chinese market.
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