What Is A Joint Venture In China?
Article Source：Youxinda Business
Popularity：7888
Published time：2015-01-02 12:20:10
While the Chinese government is opening an increasingly large number of industries to foreign investment, there remain many still closed to foreign companies without a Joint Venture partner. In this instance, the Chinese government encourages local companies to work with foreign partners to gain technology and management expertise, while the foreign companies gain early access to the Chinese market and the ability to secure market share.
Are Joint Ventures Necessary Today?
There remain many industries that are closed to foreign companies in China, often on the grounds of heritage or national security. For instance, hospitality, chemical, and automotive companies.
Are Joint Ventures Necessary Today?
There remain many industries that are closed to foreign companies in China, often on the grounds of heritage or national security. For instance, hospitality, chemical, and automotive companies.
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