In order to access the Chinese market, many foreign companies
are pursuing partnerships with Chinese companies. According to
Raymond Tsang, a China-based partner at Bain & Company,
"Foreign partners are seeing they will have to sometimes sacrifice
or share the benefits of the global market with the Chinese
partner. Some of the [multinational corporations] are complaining.
But given the changing market conditions, if you don't do it, your
competitors will."
