Sino-foreign Joint Venture Securities Companies The Chinese Control Study

Our JV have been changed on the form, relationships and strategic intent since reform and opening up. In the joint venture, it is long-term existence that the actual control power are under the control of foreign as the Chinese technology and experience are in a weak position at the Early Cooperation, and it becomes the bottleneck of sustainable development of enterprises.The financial sector has been affected seriously since the outbreak of the financial crisis. Morgan Stanly, Merrill Lynch , Goldman Sachs and other Financial giant are facing the rare crisis at the same time, and even there were a number of international investment banks bankruptcy for example Lehman Brothers. Under such circumstances, our Government has precisely revised the related rule named "the rules of foreign companies setting up the Securities companies in the form of shares" on the eve of the outbreak of the financial crisis. So,There is an urgent need for us to rethink about how to respond to changes in the current situation and Increased Attention to JV especially to the JV securities companies. In order to achieve the sustainable development of the JV and keep the stability of the economic order of china.