Chinese Automakers Encouraged to Preserve EV Technology Domestically
China has advised its carmakers to prioritize retaining advanced electric vehicle technology within the country while expanding their manufacturing footprint globally. Beijing is…
Category: International Business
International business refers to the commercial transactions and activities that occur between businesses and organizations across national borders. It encompasses various aspects such as trade, investment, logistics, marketing, and the exchange of goods and services on a global scale. International business involves understanding different markets, navigating regulations, managing cultural differences, and dealing with the complexities of currency exchange and international laws. The goal is often to expand a company’s reach, increase market share, or access resources and technology that may not be available in the domestic market. This field requires knowledge of global economic conditions, political environments, and competitive dynamics, as well as strategic planning to succeed in diverse and often challenging international contexts.