Conduct a case study on the formation of a joint venture between a foreign and Chinese firm operating in China.
· Explain the strategies used and motivations in creating a joint venture from the perspective of both firms
· Analyze the strategies and practices used by both firms
· List lessons learned
· A minimum of three different sources need to be used
Chinese economy and the market situation has been one of the most attractive locations for most of the foreign companies. The system in China offers various aspects for cost effective and unique opportunity to do business in the country. To start a venture in China, the foreign entities have to go through proper channel of joint ventures.
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