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Moving Operations from Mexico to China
Your manufacturing facility in Mexico has been destroyed by an earthquake. The only option available to your company is to relocate to a plant in China. That means forming a joint venture with an existing Chinese company. Your problem is how you make a financial evaluation of the Chinese company with the lack of an International Accounting Standard being used in China. Also, what tax implications must be considered regarding the potential move to China? How do you conduct the financial evaluation?
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