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.
Chinese national Steve Xie has been doing business overseas for years. His latest venture, a new warehouse in Egypt, will supply electric vehicles and auto parts to…
Source: As China’s companies expand overseas, entrepreneurs want the passports to match
