Is it still a foreign company?

Count. Wholly foreign-owned enterprises or foreign joint ventures refer to enterprises established by foreign investors or wholly foreign-owned or joint ventures. Their investors come from abroad, either individuals or enterprises. These investors have control over the proportion of investment and greater autonomy and decision-making power over the operation and management of enterprises. Founded in 2008, BCC Shanglin Huatong is an American-funded enterprise belonging to a foreign company.