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Future automotive joint ventures (JVs) in China will cease following the completion of existing contract term. China is lifting all foreign investment restrict
by wenyuanyu 3y ago
Future automotive joint ventures (JVs) in China will cease following the completion of existing contract term.
China is lifting all foreign investment restrictions in all its manufacturing sector this year[0][1].
[0] https://www.jdsupra.com/legalnews/china-to-remove-all-restrictions-on-7221095 https://www.jdsupra.com/legalnews/china-to-remove-all-restri...
[1] https://www.scmp.com/economy/china-economy/article/3254259/chinas-two-sessions-2024-did-premiers-speech-move-needle-foreign-private-business https://www.scmp.com/economy/china-economy/article/3254259/c...
- seanmcdirmid 3y agoNot sure why you were downvoted, but that's great. The JV structure no longer benefits china, However, China should still expect blowback from having their economy protected for so long.