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According to reading "Are China’s Digital Companies Ready to Go Global?" (Candelon er al., 2019), why are Chinese digital companies choosing India and Southeast Asia as their top foreign destinations?Group of answer choicesGreatest growth potential, closest cultural fit, and most developed digital infrastructureGreatest growth potential, closest geographical locations, and most developed digital infrastructureGreatest growth potential, closest geographical locations, and most favourable government policiesGreatest growth potential, closest cultural fit, and most favourable government policies

Question

According to reading "Are China’s Digital Companies Ready to Go Global?" (Candelon er al., 2019), why are Chinese digital companies choosing India and Southeast Asia as their top foreign destinations?Group of answer choicesGreatest growth potential, closest cultural fit, and most developed digital infrastructureGreatest growth potential, closest geographical locations, and most developed digital infrastructureGreatest growth potential, closest geographical locations, and most favourable government policiesGreatest growth potential, closest cultural fit, and most favourable government policies

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Solution

The reading "Are China’s Digital Companies Ready to Go Global?" by Candelon et al., 2019, suggests that Chinese digital companies are choosing India and Southeast Asia as their top foreign destinations due to the greatest growth potential, closest geographical locations, and most favourable government policies.

Step 1: Understanding the question The question asks for the reasons why Chinese digital companies are choosing India and Southeast Asia as their top foreign destinations according to a specific reading.

Step 2: Referencing the reading The reading by Candelon et al., 2019, titled "Are China’s Digital Companies Ready to Go Global?" provides the answer to this question.

Step 3: Providing the answer According to the reading, the reasons are the greatest growth potential, closest geographical locations, and most favourable government policies.

These factors make these regions attractive for Chinese digital companies looking to expand globally. The growth potential refers to the opportunities for business expansion and profit. The geographical location is important for logistical reasons and the government policies can either facilitate or hinder business operations.

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