Word: jointness
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Dates: during 1990-1999
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...plans. Instead of 100,000 midsize cars a year, it intends to produce 40,000 seven-seat multipurpose vans annually. GM has also concluded what Smith calls "a strategic agreement" with Japan's Suzuki to "work together in the lower end of the car market," and is looking at joint projects it could undertake with Daewoo of South Korea...
Some firms already active in Asia through joint ventures are buying out their cash-strapped local partners, thus positioning themselves to reap all the profits from a future upturn. In South Korea, Coca-Cola has taken over the bottling and distribution businesses of three former partners--Doosan Beverage, Woo Sung Food and Honam Food--and it is no secret that Coors is negotiating to take full control of Jinro Coors Beer. South Korea is one of a tiny handful of troubled Asian countries expected to resume some positive growth, however small, by late...
Other U.S. firms are trying to enter or expand in Asia by forming new joint ventures or buying pieces of debt-burdened local companies. Motorola, for instance, has recently acquired 51% of South Korea's Appeal Telecom. That strengthens its competitive position against giant Samsung...
...small to medium-size U.S. companies that want to get into Asia, joint ventures with comparable local firms are the way to go, say many experts. "There are really a lot of bargains available," says David Emery, Dun & Bradstreet's managing director for Southeast Asia. He cites one example of a Swiss company that bought a large share of a major Thai Internet provider at roughly half what it would have had to pay only a little earlier...
...lawmakers and citizens alike from matters of real partisan crusade to oust the President has divided and preoccupied the nation, warped our sense of proportion and left us vulnerable to foreign threats. It is now clearer than ever that Republican leaders, perhaps by following the plan for a joint censure resolution proposed by Bob Dole in Tuesday's New York Times, must commit to clearing the Lewinsky matter off the decks by the start of the new year...