Joint venture still exists, but especially sensitive or critical sectors. If you have an IP, you will be welcomed with open arms. You get absurd support and subsidies. And all this under a WOFE. There is often positive discrimination against foreigners. Look at the case with Musk and his factory near Shanghai? You will not be treated equally anywhere, especially if you have experienced it personally. Was kicked out at the Dutch consulate in Shanghai a few years ago, because they thought I wasn’t Dutch. In the meantime I was refused to open a simple bank account, because I had…