with the Ministry of Communications and the ministry of Economic Affairs. They are forbidden from operating as river traffic. However, because American ships are governed by Article 22 of the Treaty of Friendship, Commerce and Navigation between the two countries, American ships do not have to fulfill duties, charges, or conditions that are not imposed on Chinese ships (Genzberger et al., 1994).
There are issues that represent a mixture of legal and cultural factors. For example, in Japan, there are several different options for foreign investors in the creation of business entities. However, the most accepted form of business entity for foreign participation is the joint stock company. The laws governing this joint stock company (or corporation) are similar to those found in the United States and Germany. It can be 100 percent foreign owned and both initial capital and annual net earnings can be repatriated (Hinkelman et al., 1994).
There are also countries in which legal issues might be in flux. For example, the changeover in Hong Kong from British colony to part of China, might create legal difficulties for businesses seeking to trade with Hong Kong, or through Hong Kong. Although China has promised to leave Hong Kong's capitalist system alone, it
...