Maurice is interested in operating an internet company in China.Maurice is aware,however,that the Chinese government has prohibited complete ownership of internet companies in China by foreigners.Additionally,the Chinese "connections" method of conducting business is a hurdle.What would be a good way for Maurice to access this market?

Question

Quizplus · Accepted Answer

Forming a strategic alliance with a company in China would allow Maurice to access the market while also navigating the challenges of operating as a foreigner in China. By partnering with a local company, Maurice would have access to their established connections and knowledge of the Chinese market. This can help overcome the hurdle posed by the "connections" method of conducting business in China. Additionally, Maurice would not need to worry about the prohibition on complete ownership of internet companies, as the local partner would own the majority share of the company.

Maurice Is Interested in Operating an Internet Company in China