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jerryking : political_clout   3

China Squeezes Foreigners for Share of Global Riches - WSJ.com
DECEMBER 29, 2010 | WSJ | By SHAI OSTER, NORIHIKO SHIROUZU
And PAUL GLADER. China's big government-backed companies now have
enormous financial resources and growing political clout, making them
attractive partners outside China. In addition, the Chinese market has
become so important to the success of multinational companies that
Beijing has the ability to drive harder bargains.

But such deals also carry risk. Several earlier joint ventures inside
China have soured over concerns that Chinese partners, after gaining
access to Western technology and know-how, have gone on to become potent
new rivals to their partners.
Beijing  China  deception  economic_clout  GE  joint_ventures  multinationals  political_clout  predatory_practices  rivalries  SOEs 
december 2010 by jerryking

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