A recent SCMP.com article highlights an interesting new trend to follow closely: Chinese start ups are investing abroad.
This is a logical progression in China’s economic ascent. First China was a low cost manufacturing hub often copying Western products. Then China moved up the value chain domestically and started buying foreign assets. These first foreign investments were in trophy real estate like the Waldorf Astoria or Western established brands like (IBM) Thinkpad. Now the Chinese foreign investments are more cutting-edge acquiring German robotics companies or as described in this article Chinese start-ups are venturing in foreign markets at a very early stage. I feel this is something to follow closely.
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