The limited partnership joint venture model in the peoples Republic of China

From: Law and Policy in International Business | Date: October 1, 1998| Author: | Copyright information

I. INTRODUCTION The decade of the 1980s witnessed a vast infusion of foreign investment into the People's Republic of China (PRC),1 much of it in the form of joint venture foreign investment enterprises as the PRC first opened its economy to foreign capital after decades of isolation.2 During the initial wave of investment, foreign investors in joint ventures focused on basic issues of profitability and repatriation of profits.3 As foreign investors have gained experience and as their Chinese organizations have evolved from individual joint ventures to as many as a dozen or more coordinated ...

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