JOURNAL OF ORGANIZATIONAL PSYCHOLOGY
China’s Socio-economic Transformation and Sino-U.S. Joint
Venture Companies in China
Author(s): Osman Ozturgut
Citation: Osman Ozturgut, (2012) "China’s Socio-economic Transformation and Sino-U.S. Joint
Venture Companies in China," Journal of Organizational Psychology, Vol. 12, Iss. 2, pp. 109 - 124
Article Type: Research paper
Publisher: North American Business Press
Abstract:
China’s socioeconomic transformation resulted in enormous opportunities as well as tremendous
challenges for joint venture companies. China continues to present a highly complex environment for
most foreign firms. As the number of the joint ventures increase in China, certain conflicts appear. This
study explores the political, economic, and socio-cultural challenges of Sino-U.S. joint venture companies
in China. It is concluded that there are many challenges and there is no immediate solution. China is
willing to open up its doors but at the same time struggling to maintain its social, cultural, economic, and
political norms and values.