It is becoming increasingly apparent that management are not...

It is becoming increasingly apparent that management are not looking to do an O/T with a Chinese company. Very wise. Apart from top tier professional companies, a good deal of Chinese business culture is about who can out manoeuvre who to take the lot. This is what would have happened with QQ. Their objective was to find a way to get the IP for themselves. Mutual co operation so we all make money is not how it works. We lose, they win; that's how it works. You could argue there is corporate law and hence safeguards etc. Don't kid yourself, they are good at weaselling their way in through the cracks with a history of more than 2000 years of doing so behind them. They are just very cunning, making Westerners look somewhat naive.
QQ was a valuable lesson from which we escaped unscathed. JZ and AM woke up to the play in time and ditched the whole deal.Rest assured they will strike an O/T only with a reputable company.