China is set on securing its place in the global hierarchy as it transitions from an economy dominated by manufacturing and exports to one led by technology and services. To this end, the administration of President Xi Jinping has brought in a legal and policy framework that fundamentally alters the landscape for foreign businesses.

China is still an opportunity, but the rules of the game have changed forever. The coming phase of China’s development will continue to be highly disruptive and some businesses will not survive. What steps should foreign multinationals take to future-proof their China business?

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