Perfect World gears up overseas expansion to integrate worldwide resources

Perfect World Co Ltd, a leading Chinese gaming and movie conglomerate, is gearing up its overseas expansion as it looks to gain an edge in the global gaming market.

"Globalization is a key strategy for us," said Xiao Hong, CEO of Perfect World. "After years of overseas development, we are now seeking to integrate global resources instead of simply seeking expanding business in overseas regions."

Ever since Perfect World established its first overseas subsidiary in the United States in 2008, it has made a name and money for itself. The company was one of the largest game exporters in China during the past decade, occupying about 40 percent of the total at its peak.