摘要
CHICAGO, ILLINOIS (December 5, 2006) --Manufacturers looking to do business in China can wave hello to 'woofies' and bid farewell to JVs. That's the word from Steve Dickinson, head of the China practice at Seattle law firm Harris & Moure PLLC. Dickinson spoke at the Plastics News China Forum, held November 14-15 in Chicago.In the 1980s and 1990s, joint ventures were required by the Chinese government, but now there are no restrictions for most sectors of the manufacturing industry, he said. 'Today, you want to go with wholly foreign-owned enterprises -- woofies -- not joint ventures.' But not everyone agrees in all cases. Steve Ganster, founder and president of consultant Technomic Asia, also spoke at the conference. He suggested that joint ventures still can be appropriate for selective assets -- providing you maintain a majority share of, say, 70-90 percent.
CHICAGO, ILLINOIS (December 5, 2006) Manufacturers looking to do business in China can wave hello to "woofies" and bid farewell to JVs.