China Joint Ventures: How Not To Get Burned
Don't make the mistake of assuming that Chinese joint ventures will be managed according to a Western model, under which the board of directors has controlling power over the joint venture company.
Don't make the mistake of assuming that Chinese joint ventures will be managed according to a Western model, under which the board of directors has controlling power over the joint venture company.
Many foreign investors still choose to enter the Chinese market through an equity joint venture, and the particular risks involved with this type of arrangement require careful planning.
Willkie AI and Innovation leader Todd Friedlich spoke to LexisNexis about firm’s thoughtful approach to legal AI