Topic
The mainland leadership has made the globalisation of Chinese firms a key part of its economic reform plans, looking to establish the nation as a major provider of value-added and high-end goods and services. The South China Morning Post has examined in a series of articles the key industries targeting overseas expansion.
- Alibaba founder Jack Ma stepped down as chairman of the e-commerce giant a year ago, but the 56-year-old is still regarded as a leader in the Chinese business community
- Jack Ma was face of Alibaba, the company he founded in his Hangzhou apartment in 1999 together with 17 others, for nearly two decades
The honorary chairman of Li & Fung has won the Lifetime Achievement Award at this year’s DHL-SCMP Hong Kong Business Awards for his devotion to tackling global challenges
Fuyao Glass faces a grave challenge today – the slowdown in the country’s car market following years of breakneck expansion
SVOLT Energy Technology, a Chinese battery maker carved out of China’s biggest SUV manufacturer, Great Wall Motors, on Tuesday said it was planning its first overseas manufacturing base in Europe.
Sany Heavy Industry, China’s biggest heavy machines manufacturer by sales, last week started assembling from scratch hydraulic excavators at its US headquarters in suburban Atlanta, Georgia.
Plans for expansion in Europe are becoming particularly popular among firms in China’s biotech and pharmaceutical sectors, says Mark Garvey, Exyte’s president for Asia-Pacific
The overseas mining unit of state-owned China Minmetals will press on with its goal to rank among the world’s ‘top mid-tier’ mining firms, says CEO
Chairman says the group will focus on integrating existing brands in the short to medium term
SWIFT has developed infrastructure to support the Chinese language to connect the world’s second-largest economy with international institutions and companies
The mainland’s third-largest carmaker says it will start selling Lynk & Co cars, co-developed with Volvo, in eastern Europe in 2019
The default by the Shanghai unit comes days after the group put up Hong Kong property assets for sale to repay debt
Deals in the US have fallen to US$1.5b in the first half from US$7.5b a year ago, bumping the US down to China’s eighth top target market
China is hoping to have a long-term say in setting commodity prices as it looks to cut the dominance of exchanges in Chicago, London and New York
The firm is targeting culture-related assets – even though Beijing classified some of them like football clubs and cinemas as restricted – to meet growing domestic demand for cultural products and services
The cash injection follows ex-chairman Wu Xiaohui’s guilty plea to charges of fundraising fraud and embezzlement last week
