Business Environment Of Chin China Country Report

Group 5B – China Country Report The People’s Republic of China has the largest population in the world with 3.7 million square miles of land, half of which is uninhabitable. China is a member of the Asia-Pacific Economic Cooperation and the Organization for Economic Cooperation and Development. Their government is a communist state primarily lead by the â€Å"Paramount Leader,† Xi Jinping, who holds three significant head-of-state and political offices. This paper will take a look at the culture of China in a way that should be beneficial to anyone planning to do business in China. It will also look at the business environment of China and how it compares to the United States by looking at how China approaches rules and regulations, China’s economic growth, some forecasting of China’s future workforce, and some opportunities and threats of doing business in China. Finally, the paper will take a look at the way Chinese people respond to leadersh ip and get an idea of the best leadership styles for expatriates. Background and Culture China is one of the largest nations in the world with a history dating back four thousand years starting with the Xia Dynasty in 2200BCE. Now known as the People’s Republic of China, the country has an estimated population of 1.35 billion people and it is the most populated nation on earth. The country is divided into two regions, Inner China and Outer China, and ninety five percent of China’s population lives in Inner China. 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