Toyota to form joint venture in China for fuel-cell vehicles

Good positive news.

The final result...

Toyota will be kicked out of China and the technology will be stolen by Chinese.. period.

Toyota will be kicked out of China and the technology will be stolen by Chinese.. period.

Unlike other Western firms, China is very accomodating towards Taiwan, Korean and Japanese businesses. So they won't kick anyone of them out. Instead, the Chinese will have 51% control of the company, using lands owned by Chinese, all profits stay in China. In extension, Chinese Communist officials and their private entrepreneur cronies will take more additional shares and control over the whole Toyota as well.

The Western businesses won't ever concede to the boldened demands, so China has to intellectually steal the products and expel the businesses out. Fast Retailing is probably the most loyal servant to the CCP as Tadashi Yanai kneels to his Chinese Communist officials every week, so Uniqlo can stay in China.

Oh, the Chicoms will just go about stealing whatever technology they want from Toyota.

Someone here said something about a "free lunch". Yeah, I think so too.

IMO, Akio is too naive for his own good.

Toyota would not do it if they felt it was a losing venture.

using lands owned by Chinese,

There is no private land ownership in China, even for Chinese citizens. All urban land in China is owned by the central government and farm land is owned by collectives. A Chinese citizen can own their condo, meaning their share of the building, but not the land under it. That will be owned and controlled by the central government.

Unlike other Western firms, China is very accomodating towards Taiwan, Korean and Japanese businesses. So they won't kick anyone of them out.

A clash over control of the Senkaku Islands would change that instantly. And what happens if/when PRC makes a military move to take Taiwan? They are going to do it. Xi Jinping feels emboldened and has no restraint within the CCP or PLA to prevent this.

what is toyota thinking,,,.

partner with companies in taiwan instead