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It seems obvious that partner companies would strive to find common ground from the start—particularly in the case of large joint ventures in which each side has a big financial stake, or in partnerships in which there are extreme differences in cultures, communications, and expectations. Document all of your company’s. Beijing last year tried — but failed — to forge a sweeping security pact with 10. (1) contractual arrangements, (2) equity investments, and (3) joint ventures, as discussed next.

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