American here. I own two different companies in China.
“In order to do business in China, non-Chinese companies must Partner with a Chinese company.”
These days, what you’ve asserted here, is only true in a very limited set of circumstances.
For example, one of my companies is an engineering/supply chain consulting firm and the other is a fully licensed CM factory. With our factory, I have the China government paying me VAT tax rebates on export. I don’t have a Chinese partner, for either of these companies.
That said, it is very difficult to get setup here, without a Chinese partner. It is a difficult convoluted process. And, the locals have no incentive to see a foreigner succeed.
But if Americans want to own a private factory here, and more fully control their own IP and what they allow Chinese nationals to see. From my view as an American that owns a factory in China. They can do it!
Get on a plane, come over here, stay a couple years getting it done, and voila, you own your own factory in China, without a Chinese partner.
“In order to do business in China, non-Chinese companies must Partner with a Chinese company.”
These days, what you’ve asserted here, is only true in a very limited set of circumstances.
For example, one of my companies is an engineering/supply chain consulting firm and the other is a fully licensed CM factory. With our factory, I have the China government paying me VAT tax rebates on export. I don’t have a Chinese partner, for either of these companies.
That said, it is very difficult to get setup here, without a Chinese partner. It is a difficult convoluted process. And, the locals have no incentive to see a foreigner succeed.
But if Americans want to own a private factory here, and more fully control their own IP and what they allow Chinese nationals to see. From my view as an American that owns a factory in China. They can do it!
Get on a plane, come over here, stay a couple years getting it done, and voila, you own your own factory in China, without a Chinese partner.