Few will question China’s position as an emerging market champion but the companies of the world’s second-largest economy have been slower than their Asian neighbours to venture into new meadows. And as more multinational companies MNCs grab a slice of China’s pie, there are not a lot of leftovers available domestically.
“Chinese companies have lagged behind some of their peers in Korea and Japan, but increasingly we find that there is a very strong focus amongst the Chinese companies to grow internationally,” said Sanjeev Chatrath, Citi’s Asia-Pacific managing director and regional head of client sales management of treasury and trade solutions. “The growth story of Chinese companies in their...
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