Recently, the Chinese government has been encouraging foreign firms to enter into joint venture relationships with local
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Recently, the Chinese government has been encouraging foreign firms to enter into joint venture relationships with local (Chinese) firms. What are the benefits to the Chinese economy from these joint venture relationships? What are the benefits to the local Chinese firm? What are the benefits to the foreign firm? What is the impact of the joint venture on the foreign firm’s domestic economy?
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Benefits to the Chinese economy 1 Transfer of Technology and Knowledge Joint ventures allow Chinese firms to access advanced technology expertise and management practices from foreign partners which c...View the full answer
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ISBN: 9780078112843
10th Edition
Authors: Robert Hisrich, Michael Peters, Dean Shepherd
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