PolyU Library
Journal Call no.AP8.W56
AuthorHolcombe, Cathy.
Article TitleMerging with China : foreign firms go for acquisitions over joint ventures / Cathy Holcombe.
Is Part OfWindow ; v.5, no.38, 4 Oct 1996, p.48-49.
AbstractMore and more foreign investors in China are doing mergers and acquisitions instead of joint ventures. While there is room for restructuring, buying into a state-owned company in China often means buying into responsibilities of the state. And while legally owning more than 50 per cent of a company does not necessarily give outsiders more than 50 per cent of the say in management decisions, the idea of shares or certificates tend to give more comfort.