Looking beyond the real horizon

TCL to accelerate outbound moves in emerging markets to keep growth streams running, reports Xu Jingxi in Shenzhen, Guangdong.

TCL Corp, a forerunner of Chinese firms venturing outbound for large mergers and acquisitions, will accelerate its globalization moves again with a focus on emerging markets.

The electronics giant plans to build manufacturing bases in India and Brazil this year and expand into Russia and Africa next year or in 2017, according to Liang Qichun, its assistant president.