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Originally Posted by Mako
In short, the Chinese Government decides on so many variables when you set up shop over there that you lose taste in the pursuit of it. The biggest hurdle though was the fact that they demanded 51% State ownership in the business, and majority control. This apparantly is the deal even with large corporations doing work over there, Nokia, Nike, etc. You're basically a minority partner. But it's all your money at risk....  |
Of course, it's what the government does in a "command" economy. I think I learned that in the 4th grade.
Although, China is still in the midst of initiating a decentralization policy (if that hadn't already) and to transition to a stronger market economy.