And while many have chosen to joint-venture with Chinese companies, it's not a requirement. The government doesn't care. Foreign companies are even offered tax waivers and other benefits that make them more price-competitive than the domestic firms. Where domestic companies need help is in management, capital, and proven techniques. The markets are embryonic and inefficient, but the locals learn quickly.
Communism breeds uniformity, but capitalism has taken hold here.
This is an entrepreneur's Eden. Foreign companies that have braved the culture differences and made the investments are reaping the rewards. Everyone is out to make money. Those words should sound golden indeed to U.S. manufacturers.