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China no longer the land of opportunity?

Michael Albanese

29th May 2014

With just under 3 weeks until the BUSS4 exam, this article in the Wall Street Journal is absolutely perfect for any student who wants to add up-to-date information to their argument about the dangers and difficulties of operating in China.To sum up the article as briefly as possible, The European Union Chamber of Commerce in China spoke to over 500 European businesses based in China and found that many now view China as less attractive due to the following plethora of reasons: Rising labour costsSlowing economic growthFalling profitsRegulatory hurdlesLack of confidence in economic reformPollutionDifficulties attracting and retaining staffPick one and develop the hell out of it!

Michael Albanese

Assistant Curriculum Lead for Business and Law at Solihull Sixth Form College

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