When China joined the World Trade Organization (WTO) 10 years ago, for Western multinationals it was not only a cheap manufacturing location, but also a market with immense potential.
Lenovo Group, the largest Chinese PC maker and the second-largest globally, was one of the first Chinese companies to enter the global market and compete with overseas brands. Liu Chuanzhi, the founder of Lenovo, admits that China's entry into the World Trade Organization (WTO) fast-tracked Lenovo's internationalization process.
Like the debate over whether China's rise is a threat to the US or whether the US strategy has always been to contain China, mistrust is also rife over Chinese foreign direct investment (FDI) in the US.
Long dominated by US and European companies, the smartphone industry is seeing an influx of Chinese phone makers, who are tapping into the global market.
Gerard Lyons, chief economist of Standard Chartered Bank, has famously said that the three most important words in the past decade were not "war on terror" but "made in China".
It seems impossible that a start-up cleaning company, mainly engaged in producing chemicals to wash boilers and tea urns, becomes one of the top 500 companies in the world, but Ren Jianxin did it.
Despite the impact of the unrest in North Africa, the African continent remains one of the most important investment destinations for Chinese companies, experts said.
After graduation, He Liehui's ambition was to become a judge. But nagged by his father, he took a flight to Africa and his whole life changed thereafter. He is today a successful businessman whose ambition is to be at the helm of a Chinese enterprise that ranks among the top 500 companies in the world.
Eric Zhang, the general manager of China's largest air conditioner maker Zhuhai Gree Electric Appliances Inc in Brazil is not worried about customer numbers. Rather he is worried whether his factory in Brazil would be able to cope with the flood of orders.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
