rA relaxation of factory ownership rules is set to bring a wave of investment into China. It will see existing brands expand their presenceu2014and undoubtedly attract new playersu2014in the worldu2019s leading new car market.Western brands are not guaranteed success in what is already a diverse and highly competitive space, but even a small slice of the action is enticing enough. From January 2022, a new regulatory framework has allowed for additional foreign investment to be made through existing joint ventures (JVs) in China. With automakers made aware of this in advance, plans were set in motion some time ago to...