Challenges and Strategies of “Going Global”

The globalization of Chinese business enterprises has now entered a new stage. In 2013, the amount invested directly overseas by China broke through the $100 billion mark. And as was noted in Chapter 1, Chinese outbound direct investment (ODI) is set in 2015 to bypass inflows of foreign direct investment into the country for the first time in the history of China. Moreover, this development is surely no blip on the screen — the globalization of Chinese business enterprises will certainly accelerate, especially against the backdrop of Chinese Government policy initiatives such as the “One Belt, One Road” strategy. These measures and the rising globalization of economic relations will give Chinese companies ever greater incentives to go global and make developing the international market the “new normal” for China’s economy. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.