A U.S. firm is analyzing its business prospects in China. Marketing executives understand which of the following to be true of this potential market?
A) China's leadership, which maintains communist political ideals, has rejected market-oriented economic development.
B) Recent developments in China have led to dramatically decreased living standards and levels of personal freedom.
C) China maintains a thriving retail market, despite the slowing growth of its gross domestic product.
D) China's economy has recently seen a substantial decrease in its Global Retail Development Index (GRDI) .
E) China's population has been aging due to its one-child policy but this is not expected to have a significant impact on its economy.
Correct Answer:
Verified
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