The issue with China is that it is constantly changing… and changing quickly. It is difficult to stabilize a company in China due to the widely varying factors. For example, the legal system in China is far from developed. It is one of the major crippling points of China. They are working on it, however, but amendments to current laws can be both confusing and devastating to profits and property. Even if joint-venture is the best and easiest way to start a B-school, it’s still not an easy thing to do in China.
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