China – the world’s second largest economy and long since the most populous nation on earth, oﬀers enormous opportunities for foreign companies, both as a manufacturing labor pool and, increasingly, as a consumer market of seemingly endless potential.
In the 30 years since Deng Xiaoping’s “reform and opening-up” policy of 1978, China’s GDP has developed at an unprecedented rate, averaging 10 percent growth annually.
However, the relentless momentum of investors turning their sights towards China has softened of late. While some of these fears are grounded in reality, others are overblown. After decades of rapid growth and development, the Chinese economy is inevitably changing.
The latest publication from Dezan Shira & Associates – An Introduction to Doing Business in China 2018-19, is out now and available for complimentary download.
Follow the link to read more.