Navigating the Complexity of China’s Evolving Economic Landscape: Strategic Imperatives for Multinational CorporationsDespite facing a slower-than-expected post-COVID recovery, China remains a pivotal player in the global economy, commanding impressive market shares across multiple industries. The sheer scale and influence of the Chinese market, combined with the expansion of its burgeoning middle class, underscores the continued importance of China for multinational corporations. In a nutshell, it is too large to be overlooked.However, the Chinese market is also fraught with significant challenges that MNCs must navigate, including economic slowdown, geopolitical tensions, demographic pressures, push for local replacement, and rising local competition.  Rather …