Automotive industry China 2026: Dominated by state-owned enterprises
Not least on the occasion of the Beijing Auto Show 2026 China’s automotive industry is once again the talk of the town. Reason enough for MRL Advisors to highlight the ownership structure of manufacturers there. State-owned companies dominate China’s automotive industry “Joint ventures used to be mandatory for car manufacturers – this has no longer […]
Localization in China – Consider Opportunities and Include Financing
Given the current dynamics at play, many companies have no choice but to further localize their value-added activities in China. The Chamber of Industry and Commerce (IHK) refers to this as “Localization 3.0.” Key forces drive localization The figure illustrates the key factors influencing localization in China: The fields appear to be interdependent because: For […]
Joint venture China, subsidiary (WFOE) or hybrid?
By Frank-Christan Raffel Frank-Christian Raffel has been analyzing and shaping the strategy and corporate form of European companies in China and Southeast Asia since 1997, when he conducted a broad-based study in cooperation with the Hong Kong and Shanghai Chambers of Commerce. It is remarkable how often we hear the question even today, in the […]