Joint ventures in the People's Republic of China : can capitalism and communism coexist?

Bibliographic Information

Joint ventures in the People's Republic of China : can capitalism and communism coexist?

Alfred K. Ho

Praeger, 1990

Available at  / 17 libraries

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Note

Bibliography: p. 163-166

Includes index

Description and Table of Contents

Description

In the 1980s, the Communist government in China sought to accelerate economic growth and institute economic reforms by increasing productivity and introducing free enterprises and free markets. Requiring foreign capital, a system for joint ventures was established to allow foreign companies to form partnerships with Chinese firms in a variety of business and production activities. This work examines the legal, business, and practical issues involved in undertaking and maintaining joint ventures in the People's Republic of China, offering guidance on the laws, regulations, and procedures governing such ventures, and the effect of the Tianamen Square incident on these business vehicles. The work is divided into six chapters, each addressing a different aspect of joint ventures. Chapter 1 places the subject into a historical context, tracing how these ventures emerged as a part of economic reform and what guidelines were established to ensure their value to both participants. Chapter 2 details the methods by which the government translated the ideas and policies into national and local legislation, and lists and explains a few basic statutes. The procedure for establishing a joint venture is fully described in chapter 3, from finding a Chinese firm to sharing the profits and eventually dissolving the partnership. Chapter 4 explores the nature, activities, and success of joint ventures from 1979 to 1987, while Chapter 5 focuses on the Tianamen Square incident and the shift in government policy that followed it. A final chapter provides summary observations on the investment environment in China and the impact of joint ventures on the country's economy. This book will be an essential reference source for courses in international finance and trade, Asian and Chinese studies, and development economics, as well as for finance professionals involved in multinational enterprises. Public and academic libraries will also find it to be a useful addition to their collections.

Table of Contents

Introduction The Emergence of Joint Venture Enterprises The Legal Basis for Joint Ventures The Organization and Operation of Joint Ventures The Development of Joint Ventures The Tianamen Square Incident and its Aftermath Some Observations and Suggestions Regarding Joint Ventures Appendixes :The Law of the People's Republic of China on Joint Ventures Using Chinese and Foreign Investments, July 1, 1979 Regulations Governing Special Economic Zones in Guangdong Province, August 26, 1980 Regulations Governing the Implementation of the Law of the People's Republic of China on Joint Ventures Using Chinese and Foreign Investments, September 20, 1983 A Selected Bibliography on Foreign Investments in China Since 1979 Index

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