Chinese companies driving latest round of globalization

Editor's note: How should Chinese enterprises grasp the opportunities of going global? Qin Shuo, a popular columnist, addressed this question in a recent post. Excerpts:

The ongoing trade frictions with the United States have not had as big an influence as expected on China's export enterprises, and despite the higher prices caused by the US administration's punitive tariffs, it is still hard for the US market to find alternative suppliers. As a result, US consumers will also feel the pain of the tariffs together with Chinese exporters.

Also, some Chinese export enterprises will relocate to other countries and regions to steer clear of the US restrictions against goods and services from China.