What Is Meant by China's "String of Pearls" Strategy

question 50

Essay

What is meant by China's "string of pearls" strategy?

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Definitions:

Additional Business Capital

Extra funds that are invested in a business to fuel its growth, cover operational costs, or expand its operations.

Borrowing Funds

The act of obtaining money from another party, typically a financial institution, under the agreement to repay it, often with interest, at a later date.

Bringing in Partners

The process of adding one or more individuals as business partners, typically to share ownership, responsibilities, and benefits of operating a business.

Sole Proprietorship

A business owned and operated by a single individual, where there is no legal distinction between the owner and the business.