Summary of Emerging Best Practices of Chinese Globalizers

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A number of China’s multinational corporations have become major players on the world economic scene. This joint report from the World Economic Forum and consultancy Strategy& (formerly Booz & Company) provides an overview of the rapid progress these state-owned and private sector Chinese “globalizers” have made. Their best practices can serve as guidelines for other companies expanding overseas. getAbstract recommends this report to executives doing business with these firms, as well as to strategic planners and human resources professionals.

In this summary, you will learn

  • How Chinese multinationals have expanded globally,
  • What strategic areas require special attention as Chinese companies expand overseas and
  • What specific best practices China’s top “globalizers” have used successfully.
 

About the Author

The World Economic Forum is an independent global organization that engages leaders in business, politics, academia and society to improve the state of the world.

 

Summary

In 2012, China became the third-largest foreign direct investor in the world, with about 16,000 business “investing entities” supporting 22,000 organizations in 179 countries and regions. That growth is astounding, considering that it wasn’t until the late 1990s that the Chinese government, faced with...

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