Exactly!
The only reason foreign owned companies are required to undergo "joing-ventures" is that the Chinese or state owned company can learn to copy the technology used to produce the prodcute. The venture will flow smoothly until then and after that the Chinese will pull out the carpet and go into business for themselves.
RE: the Chinese will pull out the carpet and go into business for themselves.
Indeed, and at that point the U.S. taxpayer-backed World Bank's Multilateral Investment Guarantee Agency (MIGA) and U.S. taxpayer-backed agencies like OPIC will come running to the rescue as the multi-national corporations suddenly decide that they are Americans after all.