Book Description

This book explores how resident, foreign managers interact with the Chinese in government and business and how this interaction affects implementation of joint venture laws and policies. In particular the author investigates local level bargaining between foreign joint venture managers and sub-national bureaucratic actors and focuses on the policy adjustments and legal innovations that evolve from this process, despite conflicting objectives. Most notably, he examines policy implementors who strive to maximize and speed transfer of capital, technology, and management know-how while maintaining control over joint venture operations, and joint venture managers who develop countermeasures to maximize profit, such as improving product quality and increasing autonomy from the state. The result of this research is to give a convincing picture of how business relations are successfully sustained in one of the world's most vigorous and dynamic economies.