Posted: March 9th, 2022
Over the years, China has been developed rapidly not only in terms of their economic growth but also industrial development, which bring opportunities for investors to invest in China. There are some main areas of PEST related to automobile industry in China that investors might want to consider before they intend to invest in the industry. Recently in China, there is an ongoing promote rule of law. A legal system has been developed to restrict of official authority and revolutionary excesses after the Cultural Revolt. On the other hand, China has transformed its economic into the market orientated that positively impact on not only in China but on the whole world as well. Since there is a high growth of economy ongoing in China, it is a huge opportunity for investors to develop their business in China especially the automobile industry. Alongside the large population in China, it helps to create an opportunity for General Motor to magnify its business and it also help to increase job opportunities in China. In addition, it cannot be denied that China is one of the greatest opportunities in technology field because there are a number of high technology development has been established for researching and developing in China for technological innovation purposes over the past years. All these rapid development in China causing a serious impact on their environment that include in increasing the pollution while decreasing the natural resources. Therefore,
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