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With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. The emergence of Chinese companies onto th...
Mainland China’s falling property prices and a weak economy could lead to rising loan defaults, adding to a surfeit of foreclosed homes and further extending the years-long slump, according to UBS. The number of apartments seized by banks from small businesses could reach more than 2.4 million by 2027, said John Lam, head of China property research at the Swiss bank, on Tuesday....
Beijing is extending an olive branch to overseas companies as it seeks to build a more integrated global supply chain for the shipbuilding industry, in its latest push to project goodwill and support free trade. Gao Dongsheng, chief economist at the Ministry of Industry and Information Technology (MIIT), said on Tuesday that China was committed to further opening up its shipbuil...
With domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. China, known as the “world’s factory” after decad...