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Full Description
This is an explanation of how foreign-resident business people interact with Chinese colleagues in government and business, and how this interaction affects implementation of joint-venture laws and policies that have been introduced to regulate joint ventures since 1979. In particular, it investigates local-level bargaining between foreign joint-venture managers and subnational bureaucratic actors. It considers the policy adjustments and legal innovations that evolve from this process and 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 counter-measures to maximize profit, including improving product quality and increasing autonomy from the state. Archival research and interviews with Chinese officials and business managers and foreign joint-venture executives reveal the strategies that parties employ to achieve their respective objectives and the innovations developed to satisfy their often competing demands.
Reasons for increased bargaining frequency in the evolving policy context are identified, and factors that affect local joint-venture bargaining outcomes among interested foreign and Chinese parties are also discussed.
Contents
Acknowledgements - Introduction - Joint Ventures in the Context of China's Modernization Program - Policy and Law Adjustments - The Objects of Bargaining - The Primacy of Guanxi (Personal Relationships) and Other Sources of Variation - Conclusion - References - Index
