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To: slacker711 who wrote (2726)12/6/2002 6:19:32 PM
From: Ramsey Su  Read Replies (2) | Respond to of 9255
 
The Chinese companies, initially, may provide nothing more than the license, and may be a building or two.

The benefit to the Chinese side is a way to learn from the partner and hopefully one day screw the partner out of the venture.

The benefit to the foreign side is a way into the huge market and establish their name brand/market share, and hopefully one day screw the partner out of the venture.

In the mean time, both sides benefit from the JV.


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