The primary reason for using an international joint venture in China is that it is the only form of business that is allowed to make a profit.

Question

Quizplus · Accepted Answer

International joint ventures are not the only form of business that is allowed to make a profit in China. Other options include wholly foreign-owned enterprises (WFOEs), representative offices, and equity joint ventures. However, an international joint venture may be preferred for reasons such as sharing resources and expertise with a local partner, accessing the domestic market, and navigating complex regulations and cultural differences.

The Primary Reason for Using an International Joint Venture in China