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China's new trains are "Cent pour cent made in China" The large foreign firms in rail: "Tous ont accepté de transférer leurs technologies et de former des ingénieurs chinois, en échange d'un maigre accès au marché chinois."pic.twitter.com/M42vnLqyud
Unfortunately, we cannot see the parallel universe where China did not require JVs. Perhaps that universe's cars would be much worse than what China has today. I've read and seen myself that Chinese brand and Chinese made cars like Haval are getting better every day.
auto jvs have worked out ok for many of the foreign partners. other jvs not so much. and the "buy china" policies (make it in China with a jV partner) mean that China's imports of high end manufactures are kind of low. Should imply less trade over time
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