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How do the Chinese and the foreign party share the loss in the joint venture?

The Sino-foreign joint inside China ratified by the Chinese government is responsible corporation limited with the position of a legal- person. The in vestment proportion shall be discussed and agreed upon by both Chinese and foreign parties, who together share investment, operation of the business, risks, profits and losses. If there is no written agreement on arbitration between the parties of the joint ventures, either party can bring the dispute to the People's Court of Justice according to law.

 
 
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