China requires foreign companies to form ____ with Chinese companies so that the Chinese get access to the latest technology.
A) an importing/exporting coalition
B) a licensing agreement
C) an outsourcing strategy
D) a direct investment pact
E) a joint venture/strategic alliance

Question

Quizplus · Accepted Answer

China requires foreign companies to form joint ventures/strategic alliances with Chinese companies so that they can have access to their latest technology and knowledge. Through this, China can ensure that they are gaining valuable information and expertise from the foreign partner while maintaining control and ownership of the operation within their country.

China Requires Foreign Companies to Form ____ with Chinese Companies