71.   Other U.S. companies, like E-Trade, are signing up local partners, and licensing their systems to spread the risks.

72.   PSA Peugeot Citroen abandoned a car-assembly plant in the southern city of Guangzhou last year, citing irreconcilable differences with its local partner.

73.   Required to work with a local partner, international automakers have rarely been able to profit in China.

74.   Robert Fleming and Bankers Trust have not identified local partners.

75.   Separately, the company said it will expand its equities and bond business in Japan and is leaving the option open of tying up with a local partner.

76.   That means outside investors must find local partners who already own vineyards.

77.   The cable network chose KEZI-TV as its local partner.

78.   The company would also consider investments elsewhere in Brazil, though it would seek a local partner who knows the market, he said.

79.   The company also relies heavily on joint ventures with local partners, except where trade rules require factories in each market.

80.   The company also sold its stake in the Polish station TVN after a dispute with the local partner, and failed to win a TV license in Hungary.