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a) “People’s Republic of China is a single-party state, governed by the Communist Party;China’s economy remains “mostly unfree†and the legal and regulatory system isvulnerable to political influence and Communist Party directives. Anyone doing businessin China is likely to encounter or hear of corruption in one form or another. Historically,practices such as facilitation payments, bribes and giving and receiving expensive gifts inorder to develop relationships were often regarded as a part of doing business in China.
Briefly discuss what are the possible political, legal, and regulatory influences thatinternational marketers may face when doing business in a country like China.* Subject – International Marketing
Briefly discuss what are the possible political, legal, and regulatory influences thatinternational marketers may face when doing business in a country like China.* Subject – International Marketing
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