Company in China

Re: [spiers] Company in China

What about forming a joint-venture in China. I spent 7 years in
Shanghai....based on my observation, a soly-owned company often has to face a
lot more risks than a JV. Your Chinese partner in a JV can be a valuable
resource because they have established firm ties with the local governments and
knows the rules and regulations too. Picking the right JV partner would be the
key, it seems.
Lily

--- John Spiers wrote:

> JOON,
>
> The short answer is, I have no idea what it takes to buy or form a company in
> China, so i
> cannot help you on this point. yes there are many arguments to simply
> working ith the
> suppliers iin china, instead of making your own company there, and i think
> those
> arguments are persuasive. Just as a side note, NIKE failed twice trying to
> build a company in
> China.
>
> John
>
> On Fri, 25 Nov 2005 17:12:15 -0800, "Joon Ho" wrote :
>
> > John;
> >
> > The business has reach a point where the staffs believed that it is time to
>
> > open a factory (company) in China. Instead of having contracting factories
> > supplying material to us, we believe there are more profits to be made if
> we
> > own the factory outright. Yes, there are many arguements that would
> indicate
> > that it's better to have contracting suppliers in China to supply the
> > material (textile). Anyhow, do you know the process incorporate a company
> in
> > China? What documents, forms, or agencies, do we need to go through for
> > this? Approximately, how much of a fee would this required? We were
> thinking
> > of Shanghai in particular.
> >
> > Thanks, much appreciated.
> > Joon

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