Almost 78 per cent of Britons have been eating Chinese food even at home since the last three months with 12 per cent of them eating Chinese once in a week at least. In the categories of Chinese food, soy sauce is the favourite ingredient with the sales of the ingredient reaching four million kg in the previous in the year 2015 that was three million kg in the year 2013. Sales are now in alignment with volume sales of favourites of Britain such as apple sauce and mint. As stated by Richard Ford, the senior food analyst of Mintel stated about the soaring sales of soy while showcasing it as a significant trend.
Key Risks and Opportunities of Chinese Entrepreneurship in UK
Registration of property across UK can be identified as the most arduous task to setup a business across the nation as shown by the figures from International Finance Corporation and World Bank. Taking up almost 29 days with the involvement of six procedures, the tasks that consume most time include conducting research across property and relationships with the solicitor of buyer.
UK has been ranked number one across the globe with respect to easiness to obtain credit. The robust sector of finance and diversified attribute to acquire credit provides developed business organizations and start- ups with good accessibility of funds required more often.
Providing protection to the investors
A robust climate of finance and solid treaties refers to the appropriate protection of investors in United Kingdom, even though it can be considered as worthy to take out assurances and do due diligence when considering the expansion across the nation.
The fact that soy sauce is now on a par with British favourites such as apple and mint, reflects growing interest of consumer within oriental cuisine. The simplicity by which restaurants and supermarkets have gained the ability of translating dishes of China into ready takeaway and meal formats has the key to the ability of Chinese cuisine for endurance of UK market, irrespective of the plethora of cuisines having key availability for British population in restaurants and supermarket, Chinese is the most popular cuisine of all (Stones 2015, 1).