chapter  3
15 Pages

Joint venture legislation in China

WithB. Z. Shi, D. G. Woodward, F. A. Fretwell-Downing

INTRODUCTION A joint venture has been described as an economic co-operative endeavour based on capital contributions from two or more partners from different countries, which are independent of each other economically, legally and administratively, but who co-operate in joint business undertakings within set legal agreements (Bojar 1994: 1).