TOPIC

Going Global

Banking & finance

China’s Miniso aims to expand to 10,000 shops by 2027 in global push

Retailer sees US and Europe as key markets as sales in stores outside mainland China notch 43 per cent growth.

30 Oct 2024 - 7:01PM

Macroscope

China’s trying to revive globalisation. It can’t do it on its own

8 Nov 2020 - 7:07PMvideocam

Jack Ma

Globalised and digitalised world beckons for China’s entrepreneurs, says Jack Ma

30 Sep 2020 - 8:15PMvideocam

Coronavirus pandemic

Opinion | Coronavirus has exposed the diseased heart of the global economy

Ironically Donald Trump may have been right that some goods should be ‘Made in America’. He was just wrong about what these should be.

5 Apr 2020 - 7:06PMvideocam

Park Avenue in Manhattan is closed to traffic due to the coronavirus. Photo: Reuters

Inside Out & Outside In

Post-Covid-19, globalisation and supply chains will be changed forever

Global lockdowns are disrupting supply chains and giving the world a taste of economic decoupling. But the gains of globalisation and the internet cannot be rolled back, so what awaits us is not the end but a fresh reconfiguration of the global economy.

23 Mar 2020 - 3:00AMvideocam

DHL-SCMP Hong Kong Business Awards

Tycoon Victor Fung feted for a lifetime championing globalisation

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

6 Dec 2019 - 1:57PMvideocam

China innovators

Why Fuyao – focus of Obama’s American Factory – is under pressure

Fuyao Glass faces a grave challenge today – the slowdown in the country’s car market following years of breakneck expansion

2 Sep 2019 - 5:11PM

A worker at Fuyao Glass factory in Dayton, Ohio in the United States in July 27, 2019. Photo: Xinhua)

Great Wall Motors

Great Wall Motors-linked battery maker to build 20 GWh factory in Europe

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.

9 Jul 2019 - 4:11PM

Sany

Exclusive | Chinese excavator giant builds its US market from ‘Avengers: Endgame’ HQ

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.

9 Jul 2019 - 4:31PM

Technology

Why more Chinese firms are building factories in Europe

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

14 Mar 2019 - 11:09AM

Commodities

Metals miner MMG eyes acquisitions as it tackles blockades in Peru

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

8 Mar 2019 - 7:02AM

Lenovo

Lenovo puts the focus on AI and data to drive growth

7 Jan 2019 - 7:00AM

Mergers & Acquisitions

China’s LVMH slows acquisition pace after US$4 billion global spree

Chairman says the group will focus on integrating existing brands in the short to medium term

12 Nov 2018 - 9:38PM

Yuan

How a global payment system cashes in on the yuan’s increased use

SWIFT has developed infrastructure to support the Chinese language to connect the world’s second-largest economy with international institutions and companies

26 Sep 2018 - 10:30PM

epa01898540 Chinese characters point out the programme of this year's Guest of Honour China to the visitors of the Book Fair 2009 in Frankfurt, Germany, 15 October 2009. Some 300,000 visitors are expected at this year's book fair. EPA/BORIS ROESSLER

Automotive industry

Volvo’s Chinese owner Geely expands into Europe, Southeast Asia

The mainland’s third-largest carmaker says it will start selling Lynk & Co cars, co-developed with Volvo, in eastern Europe in 2019

22 Aug 2018 - 10:55PM

epa04337473 (FILE) A file photo dated 15 May 2009 showing workers assembling vehicles in a Geely Automobile factory in Ningbo, China. China's monthly index of manufacturing activity climbed 01 August 2014 to a 27-month high of 51.7 per cent in July, up from 51 per cent in June and suggesting stable growth in the world's second-largest economy. The rise in the purchasing managers' index reflected the success of government policies to stabilize growth and an 'improving external environment, which helped boost production and new orders,' said Zhao Qinghe, an economist with the National Bureau of Statistics. The similar Markit/HSBC Purchasing Managers' Index, which more closely tracks private sector manufacturing, rose to an 18-month high of 51.7 in July. The 50-per-cent mark denotes the divide between expansion and contraction of purchasing orders. China's annual economic growth slumped to 7.7 per cent in the last two years, the slowest since 1999, and is not expected to increase this yea

China economy

CEFC China’s debt woes widen as unit defaults on commercial paper

The default by the Shanghai unit comes days after the group put up Hong Kong property assets for sale to repay debt

20 Aug 2018 - 10:56PM

Mergers & Acquisitions

‘Shopping in America’ is over for Chinese companies amid trade war

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

6 Aug 2018 - 2:42PM

Commodities

How does China, world’s largest commodities buyer, become a price maker?

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

17 Jul 2018 - 6:05PM

Soybean is the top agriculture commodity China imports from the US. Photo: Reuters

US-China trade war

Mailboxes and multilateralism in an age of trade wars

8 Jul 2018 - 11:00PM

Chinese offshore investment

China’s state firm asserts pursuit of overseas culture assets

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

10 Jul 2019 - 3:14PM

Citic

China's Citic to buy 20 per cent stake in Canadian copper miner Ivanhoe

11 Jun 2018 - 10:26PM

The state-run conglomerate will become Ivanhoe’s largest single shareholder after the deal

Financial regulation

China rescues Anbang Insurance with US$10 billion bailout

The cash injection follows ex-chairman Wu Xiaohui’s guilty plea to charges of fundraising fraud and embezzlement last week

5 Apr 2018 - 4:15PM

Former Anbang Insurance chairman Wu Xiaohui Photo: Reuters

Luxury in China

Can digitalisation, millennial shoppers sustain luxury market’s rebound?

4 Apr 2018 - 9:30AM

Fosun Group

China’s Fosun adds French fashion house Lanvin to its collection

22 Feb 2018 - 11:36PM

Alibaba

China’s overseas tech buying active despite slow down in acquisitions

18 Feb 2018 - 11:12PM

A worker cuts steel in Qingdao in China's eastern Shandong province. The country’s National Development and Reform Commission says it will encourage overseas investments that can boost China’s technological development and manufacturing competency. Photo: AFP

Financial regulation

China tightens scrutiny on insurers’ offshore financing

13 Feb 2018 - 7:31AM

Anbang Insurance Group, one of China’s most aggressive shoppers overseas, has come under Beijing’s scrutiny. Photo: Reuters

Haier

China’s Haier mulls D-share sale to raise funds in Germany

10 Feb 2018 - 7:01AM

Mergers & Acquisitions

This Chinese textile giant has bought Swiss luxury brand Bally

9 Feb 2018 - 11:37PM

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Going Global

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.

last updated:

9 September, 2024