Rampant corruption and the absence of a legal system are risks that still restrain firms from initiating business with China.

Question

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Rampant corruption and the absence of a legal system have been recognized as major risks for businesses seeking to enter the Chinese market. These factors can create significant challenges for firms seeking to operate transparently and effectively in China, and may deter some from pursuing business opportunities in the country. Despite efforts to address these issues in recent years, many companies still view corruption and legal uncertainty as significant drawbacks to doing business in China.

Rampant Corruption and the Absence of a Legal System Are