Uncertainty around the global regulatory environment and increasingly strict laws and regulations in domestic markets are stalling business decision-making and planning in enterprises operating in China, Ernst Young found in a survey.
Respondents said regulation and compliance were the top threats and challenges across the majority of sectors even though the acute stress of the financial crisis had passed, the firm said. Meanwhile, limited access to credit for non-state-owned entities and a continuing weak economy in parts of the world remain a big concern for entrepreneurs in China.
Ernst Young interviewed more than 70 leading industry executives and analysts from 14 industrial sectors and asked them to identify and rank...
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