Start Your China Joint VentureFor China still has restrictions in certain industries,Website:http://www.chinalegalexpress.com, such as automotive, hospitality, and chemicals, etc, Joint Venture is oftentimes the only investment vehicle to enter the businesses that are largely influenced or controlled by the government.?A joint venture allows the foreign partner and Chinese partner to establish a new business entity or contractual relationship, where both parties share investment and operational cost, responsibilities, and profits and losses. A China Joint Venture allows the Chinese side to access technology, analytics and management skills, and marketing experience. The foreign side, on the other hand, benefits from the manufacturing capability, domestic market treatment, lower labor and production cost, and potentially a significant market share in China.Currently, the minimum investment capital for a Consulting, Service and Hi-Tech Joint......url:http://www.chinalegalexpress.com