|
Since China opened the door to the world in the 1980s, many foreign companies have made efforts to invest and establish subsidiaries in China, mainly for the relatively low-cost labors and materials or for the massive Chinese market. The Chinese government has issued many policies to attract foreign investment, experts and know-hows. However, some of those foreign companies have failed and retreated from China, while some have thrived and China becomes a major growth market. If we take out the macroeconomic factors such as political impact and global financial crises, and focus mainly on fa
|
