Tag Archives: joint venture rules

CHINA’s Carmakers Need Tough Love to Compete With Foreign Brands

The plan was simple: Overseas car companies would clamor for a stake in what is now the world’s biggest auto market. Beijing would let them in only if they formed joint ventures with local factories. Once an alliance was consummated, Chinese carmakers could strip the foreign partner of its technological expertise before heading out to conquer the world. More than

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