Clyde & Co forms joint venture in Chonqing
Clyde & Co is set to launch a presence in South west China after receiving regulatory approval to form a joint venture in Chongqing with local firm West Link Partnership.
The alliance in Chongqing will operate under the name Clyde & Co West Link, and the two firms will share revenues and profits.
The joint venture will be overseen by its chief architect, corporate partner Michael Cripps. Cripps said: “In terms of the economic growth rate and foreign investment, south west China is regarded as the biggest source of growth in the medium term for China. Therefore, we have elected Chongqing as the place for our latest expansion.”