The Evolving Landscape for Chinese Firms Abroad - Jun 2024
In a recent session, Nic hosted a discussion on the changing dynamics of Chinese firms operating internationally. The session, led by Olivia Tan, highlighted how weak domestic conditions are pushing these firms to seek opportunities abroad, particularly in high-tech and strategic sectors. The conversation covered the impact of tariffs and trade policies, especially in the EU and US, which are complicating the expansion of Chinese firms. Despite challenges, outbound foreign direct investment (OFDI) is rebounding in certain regions, with a notable shift towards high-quality projects. The webinar concluded with an emphasis on the importance of compliance and the evolving landscape of global trade.