Tell me about the difficulties that china faced opening the ccountry to economic relationships with foreigners in 4 sentences

Answer 1

China faced several difficulties when opening the country to economic relationships with foreigners. Firstly, there was hesitance and suspicion towards foreign influence and intervention. The Chinese government had to carefully balance the benefits of foreign investment with protecting national interests and avoiding exploitation. Secondly, there were challenges in adapting to global market norms and regulations, as well as competition from more established economies. Thirdly, the language and cultural barriers posed challenges in communication and understanding between Chinese and foreign companies. Lastly, the country had to grapple with issues of intellectual property protection and technology transfer, aiming to strike a balance between safeguarding domestic industries and attracting foreign investment.