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No, they believe in using government money to invest/bribe overseas to build up a market for mid level Chinese goods. This is how they plan on moving up the goo
by Cacti 9y ago
No, they believe in using government money to invest/bribe overseas to build up a market for mid level Chinese goods. This is how they plan on moving up the goods ladder.
- wslh 9y agoWe are talking about different things here. It is true that the Chinese government is expanding its influence worldwide but also true that some Chinese firms have a genuine investment interest outside mainland. Chinese are more eager to build strategic partnerships instead of having a vendor/client relationship, and... they work really really hard, which is a natural strategic advantage.
- alfredallan 9y agoRephrasing the above post, sans adjectives: "building up foreign markets" - isn't that how globalization happens?
- charlesdm 9y agoThat's essentially what most Western European companies did (and probably) still do abroad, for the better part of two centuries.