Describe three specific difficulties for foreign firms

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1. What indicators point to the increasing importance of China and Chinese firms in the global economy? Describe two factors that have helped its recent economic growth.

2. What guidelines must MNEs follow when doing business in China? Identify and briefly describe three specific difficulties for foreign firms breaking into the Chinese market.

3. How did Indian IT, software, and services firms evolve beyond their reliance on cheap labor to develop firm-specific advantages and internationalize?

4. Do you think China will remain a manufacturing hub? How might Chinese firms develop competitive advantages in high-technology and service industries, and what are the implications for triad-based MNEs?

Reference no: EM131366584

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