#JointVentureBrands
Shanghai Auto Show: Repent, The End Of Fake Chinese Brands Is Near
When the Chinese government invited Western carmakers to China, the trade was a huge and untapped Chinese market for access to Western technology. Foreign carmakers had to form joint ventures with Chinese. This triggered fears that the laowei would be kicked out in short order, while the Chinese would flood western markets with cheap cars made with expropriated intellectual property. It didn’t work out that way. At the Shanghai Auto Show, new attempts of the Chinese government to gain technology for free have the smell of death.
Bertel Schmitt
Apr 23, 2013
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