It's Time for Entrepreneurs to Expand to China - This Strategy Is the Smartest Choice | Entrepreneur

"A Wholly Foreign-Owned Enterprise (WFOE) allows for 100 percent ownership and control, making it a preferred choice for international businesses expanding in China."

"In contrast to the more regulated Joint Ventures, which require collaboration with local partners, WFOEs offer foreign companies independence, particularly desirable for firms wanting to maintain their intellectual property."

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