Global Business Strategies of Chinese Companies

Which of the following is a challenge faced by Chinese companies in expanding internationally?

• A) Rising trade tensions

• B) Decreasing innovation

• C) Lack of domestic demand

• D) High labor costs

Chinese companies are finding new ways to tackle the challenges of internationalization by reconsidering their approach to the notion of ______.

• Price

• Place

• Product

• Promotion

In which markets are Chinese companies keen to expand due to fewer barriers?

• Western Europe

• North America

• Emerging markets

• Domestic markets

Which company was ordered to sell land in Arkansas due to a 2023 law?

• Nvidia

• Broadcom

• Syngenta

• Huawei

What is one of the main strategies Chinese companies are using to internationalize?

• Building hubs to reach emerging markets

• Avoiding international partnerships

• Focusing solely on domestic markets

• Reducing production costs.

In the 1980s, China adopted a historically decentralized pattern of economic development. Fill in the blank: This pattern is known as ________.

• Centralized planning

• Microregional strategy

• Decentralized economic zones

• Global integration

What is a key advantage of developing a presence in a place like Singapore for Chinese businesses?

• High production costs

• Strong local competition

• Ability to forge international partnerships

• Limited market access

What is the main focus of the first approach to building hubs to reach emerging markets?

• Adding non-China locations to supply chains

• Reducing costs

• Increasing domestic sales

• Limiting international partnerships

What is the significance of the Eastern Economic Corridor in Thailand for Chinese companies?

• It is a domestic market

• It provides a pathway to existing markets

• It is a source of raw materials

• It is a competitor region.

Which company is mentioned as having a manufacturing facility in Vietnam's Binh Duong province?

• WuXi Biologics

• Nanjing-based power drill company

• XNode

• Leyan