From Rmb42 Million to Nothing: What Lessons Can We Learn from JV Disputes?
March 31, 2004 | BY
clpstaff &clp articlesJoint venture disputes are a fact of life in China. But they can be avoided with some careful planning to structure the joint venture contract to account for the common pitfalls in doing business in China.
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By Bailey Xu Haworth & Lexon, Shanghai
In an important recent case heard by the Supreme People's Court,1 a foreign investor in an equity joint venture was found to