Global BusinessChina
China
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MULTIMEDIA
GLOBAL BUSINESS
Cultivating South America's Favorite Drink
An American company finds success cultivating South America's popular caffeinated drink
Home Instead: The Business of Granny Care
As the population around the world ages, Home Instead finds that non-medical companionship and care giving can make good business
Belu: Environment-Friendly Bottled Water
A British company focuses on helping the environment and maintaining profits
COUNTRY NAVIGATOR
- China
- Capital: Beijing
- GCI Rank: 30 What's This?
Developed for the World Economic Forum by Professor Xavier Sala-i-Martin, the Global Competitiveness Index (GCI) measures the competitiveness of nations using economic statistics and extensive polling of international business leaders.
FEATURED STORIES
China
The Vacation Recession
The travel industry is hurting, forcing companies and countries to scramble for visitors
The Other GM
The Detroit giant is trying to stave off bankruptcy in the U.S.--good thing business is booming in China
Buying Binge
With prices down, Chinese firms are snapping up stakes in mining and oil companies to lock in raw materials
DOING BUSINESS IN CHINA
Problematic Factors
- Access to financing
- Restrictive labor regulations
- Foreign currency regulations
- Inadequate supply of infrastructure
- Inefficient government bureaucracy
- Inadequately educated workforce
- Poor work ethic in national labor force
- Policy instability
- Government instability/coups
- Crime and theft
- Corruption
- Tax regulations
- Tax rates
- Inflation
- 0 10 20 30
- Percent of responses
Note: From a list of 14 factors, respondents were asked to select the five most problematic factors for doing business in their country/economy and to rank them between 1(most problematic) and 5. The bars in the figure show the responses weighted according to their ranking.