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(Nolan and Wang, 1999). This policy was a cause of very poor economic performance; increase in productivity was not substantial. This lead to initiation of “Open Door” policy in 1978. Due to many ye?rs of inefficient policies China became a very unique economy, political environment is uncertain and policy changes are unpredictable, corruption and crime are high. China is not one market but a continent where conditions of regional markets and investment differ. Intellectual Property Rights, communication barriers, insufficient infrastructure are some of the biggest problems. The demands are rising, distribution and advertising is difficult, and competition from Chinese players is tough...
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