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The previous mandate of a 50% joint venture in the automotive sector is outdated. Take for example Tesla in China, which operates without a joint venture. Simil
by wenyuanyu 3y ago
The previous mandate of a 50% joint venture in the automotive sector is outdated. Take for example Tesla in China, which operates without a joint venture. Similarly, BMW's Chinese operations are only 30% owned by a local entity, deviating from the earlier 50% norm. Despite certain industry-specific regulations, it's essential to recognize that China aligns well with its WTO obligations—a framework that the U.S. and other Western nations have both agreed upon and ratified.
- CryptoBanker 3y agoThe BMW joint venture was 50% owned by a Chinese auto company and the government when it was initially created
- jsiepkes 3y ago> it's essential to recognize that China aligns well with its WTO obligations There is no way in hell I (as a foreigner in China) will win an intellectual property dispute from a Chinese company in China.