Use the publicly traded company you chose in M1 Assignment 3 and imagine it has made a strategic september 2023
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Use the publicly-traded company you chose in M1 Assignment 3 and imagine it has made a strategic decision to start doing business in China. Using the discussion on page 192 of your textbook as a model for the report you will write, prepare a report in which you: Develop a brief country risk assessment. Determine the political, economic, social, and capital risks associated with doing business in China. What are the most important factors to consider? Why? After years of keeping the Yuan pegged to the US dollar, the Chinese have recently allowed it to float freely in international currency exchange rate markets. Many economists believe that keeping the Yuan pegged to the US dollar has caused it to be undervalued by 30 to 50 percent. Discuss what impact a revaluation of the Yuan might have on US multinationals doing business there, on China’s exports, and on Chinese citizens’ standard of living. What impact would a revaluation have on Chinese inflation and on purchasing power parity? Explain. Your paper should be about 2,000 words.
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