Foreign retailers in China are restricted to a 65 percent ownership in Chinese stores. This _____ is an example of how political and legal forces influence international retailers.

Question

Quizplus · Accepted Answer

This is an example of a local operating law, which is a regulation set by the host country (in this case, China) that dictates how foreign businesses can operate within its borders.

Foreign Retailers in China Are Restricted to a 65 Percent