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Hey guys, I am curious as how the JVs in China, for example, FAW & VW, work. On one side, some people who aint too "fond" of Chinese cars point that the JVs simply allow the Chinese manufactures to "steal" foreign car tech and designs. But, I tend to disagree. I think the JVs are actually hurting domestic Chinese manufactures, since once manufactures such as NAIC or FAW start to make a lot of money from their production of foreign cars, there will be less of incentive for them, the FAWs of China, to develop their own brands of cars.

What do you guys think?
 
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