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Both China and India are rising economic powers. How might your approach to doing business with...

Both China and India are rising economic powers. How might your approach to doing business with China, a communist country, be different from your approach to doing business with India, the world’s most populous democracy? In which country would you expect to encounter the most rules? The most bureaucracy?

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There should be two ways of doing business in China and India because the two are structured and drive each country differently. China, on the one hand, was a Communist country with high standards of regulation and control, particularly in its financial sectors. India is a country with more decision-making independence than a Chinese country. You must build strategies that satisfy government decision-makers, if you do business with China.Nonetheless, solutions in India should be more regional and customized to each business and sector. A broad range of procedures legislation would be expected because of China's high government regulations. Thanks to growth and development in India, as many connected networks may occur more complexity is anticipated.

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