scholarly journals People's Republic of China Joint Venture Dispute Resolution Procedures

1982 ◽  
Vol 1 (1) ◽  
Author(s):  
Thomas J. Klitgaard
Author(s):  
Oldřich Tvrdoň ◽  
Radmila Presová ◽  
Andrea Živělová ◽  
Iva Konečná

The article deals with the possibilities of doing business on Chinese market typical for its geographical spaciousness and populousness. There is also included an overview of China’s position in relation to 12 selected EU-countries. It is shown that four of 12 selected countries (Hungary, Slovakia, United Kingdom and Poland) do not export to China while People’s Republic of China exports into all 12 countries. Dividing the exports to China between the counties, Netherlands stands on the top with the share of 11.54% while Austria participates on the total exports only by 2.47%. In relation to the Czech Republic, China’s share on its imports is 10.05%, and only 0.74% on the export. Although the passive balance decreased by 16 232 bill. CZK, in 2009, the balance remains negative. This article looks in detail on the specific standards required by Chinese authorities when Czech company wants to open a representative office there. Also the costs for exhibiting on a machinery-specialized trade fair are calculated. The paper specifies the total time needed to deal with formalities concerning establishing a joint venture and receiving a building permit to build a new plant or reconstruct existing facilities. The financial expenses for a trade fair participation and opening a representative office are average values received from discussion with the top managers of Czech machinery companies exporting their goods or running a production-focused joint venture in the People’s Republic of China.


1993 ◽  
Vol 1 (2) ◽  
pp. 29-48 ◽  
Author(s):  
Paul W. Beamish

This paper compares the characteristics of international equity joint ventures in the People's Republic of China (PRC) with joint ventures in developing country market economies. The characteristics of Sino-foreign joint ventures were derived from twelve studies published since 1986, including the author's new sample. Twelve joint venture characteristics are reviewed along dimensions of design, management and performance. Joint ventures in PRC are frequently used, created due to government pressure and with government partners, and often formed with partners from ethnically related countries. Further, many intended joint ventures are never implemented, and those that are implemented have often been set up for a predetermined duration. The foreign partner most commonly has a minority equity position, and those who have used split control have seen stronger performance. Overall joint venture stability has been high, but is expected to decline, and foreign partner satisfaction with performance is low.


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