Doing Business in the People's Republic of China: Some Keys to Success

China's rich natural resources and cheap labour continues to lure foreign investors to participate in joint venture activities; added to the attraction are the various preferential policies offered to foreign-financed enterprises. However, many of the joint ventures also encounter problems and difficulties. This article analyses these problems and difficulties and also suggests certain keys for foreign investors to remember in order to increase their chance of success in doing business in China.