The BBC wrote a great article on Chine plc. A must read if you’re interested in emerging markets at large and Chinese emerging giants and its challenges in specific.
Chinese companies remain in a hurry to expand abroad.
“Chinese firms are saying we want to be world-class and we want to do it tomorrow,” says Edward Tse, head of Booz Allen Hamilton’s Chinese management consultancy practice, who has been advising leading Chinese companies for 15 years.
But their hunger has not always been matched by their capacity to get what they want. Among the challenges that China plc needs to grasp, experts argue, is how to use “soft power” to its advantage.
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