Doing Business in and with China: The Challenges are Great, but so are the Opportunities

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Nesha Ashraf Un
Nesha Ashraf Un
σ
Mohammad Sharfuddin Rashed
Mohammad Sharfuddin Rashed
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Ashraf Un Nesha
Ashraf Un Nesha
α University of Chittagong University of Chittagong

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Doing Business in and with China: The Challenges are Great, but so are the Opportunities

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Abstract

Doing business in and with China has become much easier than it was decades ago. But doing business does not guarantee that everyone will make money. China has embarked an unprecedented economic growth since its economic reforms (1978) three decades ago, rising to become the world’s second largest economy today and will become largest by 2020. A new path under the 12 th Five-Year plan (2011-2015) towards sustainable and balanced development, alongside a focus on boosting domestic consumption is opening new opportunities in china for continued industrial innovation and business expansion. China still holds a number of challenging areas for foreign investors. Beside the cultural and language challenge, business men might be faced foreign exchange restrictions, anti-trust laws, intellectual property rights and diversified people in all over china.

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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Nesha Ashraf Un. 2016. \u201cDoing Business in and with China: The Challenges are Great, but so are the Opportunities\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 16 (GJMBR Volume 16 Issue B2): .

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Issue Cover
GJMBR Volume 16 Issue B2
Pg. 11- 17
Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR-B Classification: JEL Code: M10
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v1.2

Issue date

March 12, 2016

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en
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Doing business in and with China has become much easier than it was decades ago. But doing business does not guarantee that everyone will make money. China has embarked an unprecedented economic growth since its economic reforms (1978) three decades ago, rising to become the world’s second largest economy today and will become largest by 2020. A new path under the 12 th Five-Year plan (2011-2015) towards sustainable and balanced development, alongside a focus on boosting domestic consumption is opening new opportunities in china for continued industrial innovation and business expansion. China still holds a number of challenging areas for foreign investors. Beside the cultural and language challenge, business men might be faced foreign exchange restrictions, anti-trust laws, intellectual property rights and diversified people in all over china.

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Doing Business in and with China: The Challenges are Great, but so are the Opportunities

Mohammad Sharfuddin Rashed
Mohammad Sharfuddin Rashed
Ashraf Un Nesha
Ashraf Un Nesha

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