The Effectiveness of Cross-cultural Competence in Joint Ventures

The paper uses the theory of core competence based on knowledge capital to build up international joint venture’s effective capability system of cross-culture. It involves in forming common mind of business, strategies of glocalization, complementary skills of cross-culture and cross-cultural training. It also presents the case of Lansheng Daewoo Corp to give a positive analysis.

Review of Supply Chain Partnership Process in Joint Ventures Example as Chinese Automotive Industry

Under the environment of economic globalization, there has seen a global transfer of manufacturing into China and China＇s automotive industry engage in global trade. China faces unprecedented opportunities for development, although there are many challenges it must face, It has become a strategic choice for all automotive enterprises to implement supply chain management in order to achieve competitive advantages. At present, most researches on supply chain partnerships have been carried out based on enterprises in developed countries. Very few theoretical and empirical studies have been based on developing countries, and in particular, only a few scholars have examined supply chain partnerships in China. Based on the joint ventures, this paper is a review of partner theories and process of partner relationship. With respect to the supply chain partnership strategy and process and partners＇ capability literature, there is limited research on the special background such as joint ventures or Chinese automotive industry. Some literature on partners＇ capabilities is based in favor of the operational aspects.

Choosing Your China Structure:Joint Ventures

Forming a joint venture (JV) in China can be a successful endeavor as long as each side’s goals, contributions and responsibilities are mutual and understood. Unfortunately, this is not always the case,

JOINT VENTURES FOR VALEO IN CHINA

Valeo and Shashi Electric Instruments and Meter Industrial Company have set up a joint company under the name of Valeo Automotive Air Conditioning Hubei Co. Ltd. This new company,in which Valeo has a 55% stake,is based in Shashi in the province of Hubei and

Women Workers' Rights in Joint Ventures

IN 1984 the State Council granted 14 coastal areas privileged economic policies. As a result, the Tianjin Economic Development Area (TEDA) has risen from an area of mere saline-alkali soil to a modern iudustrial block dotted with high-rise buildings. Covering an area of 30 square Kilometers TEDA has proven itself top among China’s economic

Research on the path of effective management of participation in joint-venture railway companies by China railway group

Purpose-Following the regional restructuring,the number of joint-venture railway companies in which the Group participates has significantly increased.This paper aims to explore the challenges faced by China Railway Group in managing participation in joint-venture railway companies.The study seeks to propose specific approaches to ensure the effective management of these companies,thereby maximizing the benefits of the regional restructuring and supporting the development of a strong transportation country and a modern infrastructure system.Design/methodology/approach-Based on the change in the shareholding relationship between China Railway Group and the joint-venture railway companies,and considering the current situation of the regional restructuring of these companies,as well as the insights from existing literature and typical case studies,this paper proposes some specific paths for effective management of joint-stock railway companies which China Railway Group participated in.Findings-The problems in participation management are the unclear dual leadership role of the party committee,the lack of discourse power,the lack of synergy between shareholders,the increasing risk of sustainable operation of the loss-making companies and the role of dispatched personnel is not fully played.Based on the theories,combined with the existing research and practical cases,the paper proposed specific approaches,such as perfecting top-level system design,maintaining the discourse power,carrying out differentiated management,arranging personnel rationally,arranging shareholders synergy,and innovating methods to provide references for China Railway Group’s subsequent management of joint venture railway companies.Originality/value-This paper contributes to the existing literature by providing a comprehensive analysis of the challenges faced by China Railway Group in managing participation in joint-venture railway companies following the regional restructuring.The study offers novel insights and practical recommendations for addressing these challenges.The findings can serve as valuable references for China Railway Group’s subsequent management of joint-venture railway companies which participated in,as well as for other stateowned enterprises facing similar challenges in managing their joint ventures.

Determinants of international joint venture performance measurement： A theoretical framework

International joint ventures （IJVs） have increasingly their role in business world and also in research field of international business. There have been a lot of studies related to determinant factors of IJV performance. However, there are very few studies focusing on the measurement of I Jr performance. Especially, researchers have ignored how foreign parent firms really choose their measures in the evaluation of their IJV performance. This research investigates determinant factors of performance measures of 1JVs. Determinant factors of IJV performance measures include motives for establishment, establishment mode, location of IJVs, distribution of ownership in IJVs, cultural background of parent firms, and trust between partners, IJV life stages, parent firms＇ international experience, and relatedness of the IJVs to their parents. Performance measures are divided into financial measures and non-financial measures. The paper shows how different determinant factors are expected to lead foreign parent firms preferring one kind of measure over the other.

Sino-Japan Joint Venture for Producing High

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China's First Joint Venture Making NdFeB Magnets——Beijing Century New Magnets Co. Ltd

AFast quenching NdFeB permanent magnet—a high-tech product filling in the domestic gaps—has been put into mass production by the Beijing Century New Magnetics Co. Ltd. Previously, only the United States of America had patent rights for production and sale of fast quenching NdFeB Magnets, and only General Motor Company could produce such high-tech products.

Weisheng Electronics Co., Ltd.——An Outstanding Sino-foreign Hi-tech Joint Venture

The Weisheng Electronics Co., Ltd., a Sino-foreign hi-tech joint venture, is based in Changsha, capital of Hunan Province. This science-industry-trade integrating hi-tech industrial group has branches in Beijing, Shanghai and Hongkong. Since its founding, the company has developed hitech products in energy, finance and health, intelligent energy measuring products in particular. It has taken the lead in the province’s Sino-foreign hitech enterprises. Using RMB 110 million of funds for its first-phase project, the

Shanghai-Ek Chor Motorcycle Co., Ltd.—An Outstanding Sino-Foreign Joint Venture

Charas Li, deputy general manager of Shanghai-Ek Chor Motorcycle Co. Ltd., which has been named one of the best 10joint ventures in China, enjoys a close association with his employees. Reporter Qian Youwei, talked to Charas Li about the establishment and development of his company. Li said that the international

Determinants of Joint Venture Performance in Cambodia

This study reviews important variables related to joint venture performance and identifies the key determinants of joint venture performance in Cambodia. A model of joint venture performance in Cambodia is proposed and tested. Finally guidelines for successful joint venture performance in Cambodia are proposed. Based on a study of 62 firms and interviews with 19 joint venture mangers and government officers, it was found that the most important factors driving the formation of a joint venture included access to an emerging new market, utilization of abundant and cheap labor, and existence of government incentives. The most serious obstacles to joint venture performance in Cambodia were corruption, lack of physical infrastructure, bureaucracy, and competition from a black market and smuggling. For the results indicate there are significant correlations between performance and trust, control, commitment, and ownership. Suggested guidelines to improve joint venture performance in Cambodia are proposed.

How to set up a foreign-funded or Chinese-foreign joint venture financial institution in Shanghai

If you are representing a foreign-funded institution in setting up a foreign-funded bank or financial company in Shanghai, you should have a representative agency already established within the boundaries of China for more than two years, and general assets at the end of the previous year should not be less than US $ 10 billion. The country or region you are residing in should have

Sino-French Joint Venture Dynasty Wine Company

In 1994, the Sino-French Joint Venture Dynasty Wine Company was far ahead in the trade once again, with the outstanding achievement of making profits of RMB550 thousand per employee. Since the factory was established in 1980, the annual wine production of the Dynasty Company has developed from 100 thousand bottles to 13.3 million bottles. The market share of Dynasty wine in the domestic products of the same category is more than 50%. China’s over 270 diplomatic corps quartered abroad all give receptions

Wall's Beijing Corporation——A Large,Modern Sino-Foreign Ice Cream Joint Venture

Although it was reported that the title of 5000th Sino-foreign joint venture in Beijing had been conferred on Wall’s, it nevertheless remained a strange name to most Beijingers. However, on one of the hottest days last summer, the name Wall’s was seen in the Beijing streets and lanes, the ice-cream kept in small glass refrigerated cases standing under red and blue umbrellas with the trademark of Wall’s on them. This