The Routes to China
There are multiplicities of ways a company can enter China and no single company structure has emerged as the “best” way to enter the market. The more popular investment routes have been through a Representative Office (RO), Wholly Owned Foreign Enterprise (WOFE), and Joint Venture (JV).
While historically from 1980s to the late 1990s, most foreign companies set up JVs in China in response to regulatory constraints, WOFE has proven to be more…
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