Foreign businesses in China appear to receive unusually close scrutiny and harsh treatment from Chinese authorities, aimed at boosting the fortunes of local competitors. This includes trade tariffs, quotas, restrictions, etc. This reflects that a country's ________ should be carefully considered before doing business in that country.

Question

Quizplus · Accepted Answer

The political-legal environment refers to the laws, regulations, and political climate of a country. In China, the government plays a strong role in the economy and often favors domestic companies over foreign ones through various means of protectionism. Understanding the political environment and how it may impact foreign businesses is crucial in determining whether or not to do business in a particular country.

Foreign Businesses in China Appear to Receive Unusually Close Scrutiny