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Homework answers / question archive / Conscious De-Coupling Ever since China began to open after Nixon's visit in the early 1970's, it has been a risky place to do business
Conscious De-Coupling
Ever since China began to open after Nixon's visit in the early 1970's, it has been a risky place to do business. However, many companies from other countries have staked their future strategy in a global marketplace with China as one of the anchors.
https://www.wsj.com/articles/xi-jinping-aims-to-rein-in-chinese-capitalism-hew-to-maos-socialist-vision-11632150725?st=id5vl11q0lsj7bv&reflink=desktopwebshare_permalink
The clear pivot being taken by China recently toward even greater government control, foreign companies are going to face increased challenges doing business there. If your company had significant operations in China, and was conducting an environmental scan to assess how to address the company's future there, how would you advise your boss when she asked for your thoughts? Remember - these are business considerations with both intermediate and market based performance implications.