Conducting successful business in the worlds 2nd largest economy is increasingly challenging. Which of the three top challenges namely: a) fierce Competition, from both international and dom

Conducting successful business in the world’s 2nd largest economy is increasingly challenging. Which of the three top challenges namely: a) fierce Competition, from both international and domestic players fierce; b) the sophisticated Chinese consumer; c) the complex regulatory environment, do you consider the most challenging? Why? Give three reasons to justify your response.