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Suppose that you are the managing director of MLK Auto Company, which is considering expanding its business to China. You wish to produce your auto parts within Chinese borders so that you can lower your labor costs and therefore lower production costs. You realize that you are not fully aware of the detailed economic environment, cultural barriers, and legal issues associated with operating a business within that country. Discuss the best entry method to use for this situation in order to establish production within the Chinese market.

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