> It's generally illegal for a single foreign entity to own a controlling interest. This is also not true. China, like all developing economies that have reach

> It's generally illegal for a single foreign entity to own a controlling interest. This is also not true. China, like all developing economies that have reached the global stage, allows WFOEs and FICEs [1]. There's significant taxes involved but these taxes are being decreased all the time . (It's quite remarkable the stuff people believe about doing business in China. Really have to wonder where these ideas come from.) [1] https://en.wikipedia.org/wiki/Wholly_Foreign-Owned_Enterprise https://en.wikipedia.org/wiki/Wholly_Foreign-Owned_Enterpris...