185. How to succeed in China's changing economy
Inside the Strategy Room
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Changing Landscape for Multinationals in China
This chapter explores the evolving dynamics between Chinese and multinational companies in China's global economy. It discusses the decline of multinationals in the Chinese economy due to the success of local Chinese companies, the impact of COVID-19 on company performance, and the preference of Chinese employees to work for local companies. The chapter also provides recommendations for businesses to increase their chances of success in China's changing landscape.
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