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Why did GM enter China through a joint venture with SAIC? What are the benefits of this approach? What are the potential risks? Why did

Why did GM enter China through a joint venture with SAIC? What are the benefits of this approach? What are the potential risks?

Why did GM not simply license its technology to SAIC? Why did it not export cars from the United States?

Considering recent developments since GM first entered Chinese market (e.g. video "How to Structure my China Presence" in lecture slides, Tesla building factory in China), would GM's strategy to enter this market be the same today? Explain why and use credible relevant sources to support your answer.

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