Risk evaluation and policy suggestions for the Mongolia - China joint venture(MCJV) in Mongolia

The long historical source and prominent resource complementarity decide the significance and necessity of economic trade cooperation between Mongolia and China. Especially, the strategic concept of “prairie road” of Mongolia highly agrees with that of “one belt, one road” of China, which provides the golden opportunity for the all-round cooperation between two countries. Under this background, development research of Mongolia-China joint venture enterprises has the vital practical significance for the economic trade cooperation between two countries. The development ofMCJVfaces the various risk and problems such as lowpolicy continuity, weak infrastructure, slow technical development and other human factors. The corresponding countermeasures and policy suggestions tomitigate the investment risk from the aspects of Mongolia and Chinese enterprises are the insufficient market research, vicious competition and cultural difference of these enterprises.