This chart shared by Financial Times shows a glimpse from business investigation firm Kroll's annual global fraud report that speaks of a business trouble in China in 2016; frauds.
More than 80 percent of the Chinese company suffered some sorts of fraud and the stat shows that they are above the world average by all measures.
So, if you are planning for a joint venture in China, be careful as the fraud cases in companies are more than double the global average.