International joint ventures' problems in China: Risks and remedies

Abstract As in other countries, international joint ventures have recently become the most popular form of foreign direct investment in China. This paper analyses the problems which emerged in those ventures in the People's Republic in terms of their uniqueness or recurrence in various countries. It is suggested that many of the problems are a product of the structural complexity of joint ventures rather than merely of the cultural and political differences between the foreign and Chinese parent environments. Implications for management are discussed.

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