Global march of Chinese companies

We live in a global world, and Chinese companies can contribute a lot to this globalization. It is true that today, we see many more Western brands in China than we see Chinese brands outside China. And, in the long run, it may be difficult for the Chinese economy to achieve a position of leadership in the world if China's domestic companies do not become international players. There are examples of Chinese companies - Haier, Huawei - that are proving that this deployment can be undertaken, but the examples are very limited.

We read in the press that in some Western countries, Chinese exports are penalized and Chinese investments are stopped by importing governments - including recent efforts to block China-made tires from being imported into the United States and block Chinese investment in raw materials in Australia. These cases are true, but we must remember that if one day the weather is always good, all people are honest, stock prices only go up, and there are no traffic congestions, we may stop reading the press. We need some bad news in order to read it. In other words: We must remember that Chinese investments are also welcome in many countries, as long as they contribute to the well being of these countries. Chinese investments may even receive government support, as we see in some cases in Europe and the US.

An American working for Novartis (Switzerland) is as proud of his job as a European working for Pfizer (USA). A German working for Danone (France) will feel as comfortable as the French working for Siemens (Germany). A Spaniard working for Microsoft in Europe would feel as happy as an American working for one of the Santander Group banks in the US. Chinese companies should become world employers. The day that Chinese companies going global begin to employ a relevant number of Americans and Europeans, they will be seen in their host countries as local companies - companies to be helped and protected.