Top Challenges and Considerations for Foreign Businesses in China
Introduction China, with its vast consumer goods market, is set to surpass the U.S. this year to become the world’s largest consumer of goods, despite economic and retail slowdowns. EMarketer’s research shows that in 2020, China’s retail sales reached a whopping $5,074 trillion, surpassing the U.S. by over $100 billion. Yet, for all its allure,…