Discuss challenges and opportunities for American investors posed by the legal environment.

1 Describe the legal environment of your chosen country-CHINA, making specific referencesto the rule of law (to what extent is the country governed by law as opposed to arbitrary decisions of individual government officials)– laws thatgovern foreign direct investment (for example, are there provisions to attractforeign direct investment, such as tax incentives, most-favored-nation treatment, disputeresolution fora; or provisions that restrict foreigndirect investors such as high local content requirements or currencyexchange restrictions).2. Discuss challenges and opportunities for American investors posed by the legal environment.3. Based on the challenges and opportunities you have identified through your research, formulate two recommendations, with your supporting arguments, to an American investorto successfully navigate your country’s legal environment.