Thursday, September 06, 2007

MSN is looking for a China partner

Weird news as Chinese media report that MSN has lost its joint venture partner Shanghai United Investment in MSN China. Foreign companies can only run this kind of operation when their Chinese partner has a majority. So, its Chinese partner is looking for a buyer, otherwise there would not be an operation anymore.
It underlines a story by one of our Chinabiz Speakers Paul Denlinger, who explains in Chinabiz why more US entries in China fail.

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