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At the beginning of 2016, the economic landscape in China is undoubtedly more challenging to decipher than when we prepared our 2015 report.
Over the last year, there has been a lot of discussion about China’s transition to an era of slowing rates of economic growth. Continuing turmoil in the China stock market and weaker growth in several of the country’s most closely followed economic indicators have provided further cause for concern. A string of business climate surveys have all tended to portray the lower competition, higher margin glory days as relics of the past.