> > >Of coarse it is, but it says Pearl River not Yamaha on the fallboard. And it >is not a "joint Venture" as you discribed. Well we can argue about the definition of "joint venture" if you care to, but that's what "Music Trades" April 1995, p. 33 called it: "Yamaha Corporation has entered into a joint venture with China's leading piano manufacturer, the Guangzhou Piano Manufactory . . . The new venture will be called Yamaha Pearl River Piano, Inc." Maybe you're thinking that "joint venture" means equal partnership. In the Chinese state context it means foreigners invest a great deal of capital and lots of new technology, while the Chinese company retains at least 51% ownership, and total control wherever it's to their own advantage. The 1998 Pearl River price list listed the UP-125D, 49" "Joint Venture, Ebony Only" model at $2495.00 ($500 more than the regular 49" Pearl River piano. > Yamaha has financial interest in >the company and is upgrading their quality through improving their tooling >and assisting in designs. > >Ed Tomlinson >Cascade Piano >Piano Sales/Piano Technician
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