Joint Ventures - ticking time bombs for foreign companies in China

Joint Ventures, for many companies the only way to enter numerous sectors in China, incorporate huge conflicts of interest on the Chinese side. There''s little doubt foreign companies will eventually be the losers.

In China, you get the curious juxtaposition of the world's finest, largest, and most sophisticated companies competing in one of the world's most difficult, and on a per capita basis, poorest economies.

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