European companies doing business in China are finding the market – once viewed as a near ‘saviour’ to lethargic growth at home – less attractive due to a host of problems ranging from a slowing domestic economy, rising labour costs, difficulties in attracting and retaining talent, lack of adherence to the rule of law and uneven regulatory enforcement and rise of Chinese domestic MNCs, amongst other factors. “Business in China is already tough and it is getting … [Read more...] about MNCs in China: End of the ‘golden age’?

European companies doing business in China are finding the market – once viewed as a near ‘saviour’ to lethargic growth at home – less attractive due to a host of problems ranging from a slowing domestic economy, rising labour costs, difficulties in attracting and retaining talent, lack of adherence to the rule of law and uneven regulatory enforcement and rise of Chinese domestic MNCs, amongst other factors. “Business in China is already tough and it is getting … [Read more...] about MNCs in China: End of the ‘golden age’?