4 ms·
China has a 50% cap on foreign ownership. I've been invoked in a few companies forced into this JV arrangement to do business there and its typically not been a
by Gustomaximus 10y ago
China has a 50% cap on foreign ownership. I've been invoked in a few companies forced into this JV arrangement to do business there and its typically not been a great result. I'm amazed they are allowed this as a member of WTO. I imagine this will be a point of contention in coming years.