Since 1999, Mainland China’s Going Global strategy has encouraged private companies to invest abroad. Currently, Chinese companies complete the most deals in Southeast Asia, Australia and the UK while the Belt & Road initiative (B&R) is helping to expand investment across Central Asia, Europe and Africa.
Internet companies like Alibaba, Xiaomi and Tencent serve as aspirational examples of how Chinese companies can truly go global, transcending individual markets to become household names.
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