While the industry and the Malaysian authorities believe China represents a major opportunity for both Malaysian exports and joint ventures, there are concerns that even halal products may not be immune to Chinese imitations.
Only Honda has said that it intends to use its Chinese joint venture for exports.
They were joined by a third trader, Pierre Falcone, a French Algerian who has long enjoyed close links with the Angolan elite and particularly the president.Together the men persuaded the Angolan elite to channel their fast-expanding oil exports to China through a new joint venture, called China Sonangol.
Aquapolaris, the joint venture that wants to export the waterfall's water, is partly owned by Allan Idd Jensen, a Nuuk shipping company executive, and the Iceberg Corporation of America, which is based in Newfoundland.
Analysts say the deal allows Bharti - whose joint venture with the Rothschild group, FieldFresh, exports fresh produce - to access Wal-Mart's expertise in sourcing goods as well as its successful Sam's Club cash-and-carry format.
On Aug. 24, a new Canadian-Greenlandic joint venture, Aquapolaris, announced that it had been granted a license to export glacial meltwater by tanker from a waterfall a few miles east of here.
The company, a joint venture between Rinehart's Hancock Prospecting and Indian resources firm GVK, plans to export 60m tonnes of coal a year through the Abbot Point terminal from 2017.
But strong domestic demand could keep Shell from exporting liquefied natural gas (LNG)—which is a big reason why it signed up to the joint venture.
The company's sprawling factories in Chongqing, owned through a joint venture with one of China's largest state-owned weapons makers, also cannot easily import or export auto parts.
Along with his lesser-known Chinese joint venture, Perfect Wines of South Africa, he accounted for a good half of South Africa's total wine exports to China in 2013, or 3m of 5.8m bottles.
