Should either joint-venturer fails to pay the contribution on schedule according to Clause 5, the default party should pay the other 10% of the interest one month after the dead line.
如果合资一方未能按本合同第5条规定按期付款,违约方应在逾期后一个月付给另一方10%的利息。
2
You will find that joint ventures could easily turn out to be dead end projects.
你会发现,合资项目会轻易的变成烂摊子。
3
The poor peasants with small farms were often short of massive dead stocks and livestock because of the shortage of money, and they usually had to buy and use stocks in joint venture.