[ILLUSTRATION OMITTED]
Joint ventures with Chinese companies provide one of the most effective ways for international companies to establish a foothold in the booming Chinese economy. The benefits, opportunities and challenges of establishing a joint venture are explored here. Current partnering trends and successful Sino-foreign joint ventures in the fast-growing medical device industry in China are also highlighted.
Building confidence
As one of the largest recipients of foreign direct investment (FDI), China is clearly recognised as a great source of business opportunities for multinational medical device companies. Table I provides a quick overview of its ...