China has become Malaysia's third-largest source of tourists, following Indonesia and Singapore. In the first half of the year, 758,300 Chinese tourists visited Malaysia, up 34 percent year-on-year, according to the Malaysia Tourism Bureau. While private companies are trying to grasp investment opportunities in Malaysia, China's State-owned enterprises have tapped into the market, which is China's largest trading partner among members of the ASEAN.
Though Chinese private companies' overseas activities are smaller in scale when compared with their State-owned counterparts, they have a more creative and diversified approach.
In North America and Europe, average people never imagine that one day most of them could be working for Chinese companies in their own countries. They had better be prepared.
Private enterprises in China are playing an increasingly important role and fast catching up with their State-owned peers in terms of global expansion.
Private entrepreneurs are a relatively new breed in China and perhaps the ones who are most symbolic of the nation's current economic resurgence.
The private company HOdo Group Co Ltd, a textile and garment company in Wuxi, Jiangsu province, is looking to expand its presence in Sihanoukville, a province in southern Cambodia.
According to the latest estimates, more than 10,000 Chinese have been involved in bringing different business activities to Uganda in recent years. The Chinese influx has been dramatic, especially over the past decade, and it's no coincidence that Uganda too has experienced rapid modernization in that period, as the economic and trade ties grew stronger between the two nations.
What China should do now is to encourage more private capital of its nationals to invest in foreign countries together with its State investment of foreign exchange reserves.
China's rise in the global value chain is inevitable as an increasing number of companies venture out into the wider world alongside hordes of investors.
China's direct investment in the United States hit a record high through the first nine months of 2012, despite election-year rhetoric.
To many Chinese executives, political risks in the domestic environments are due mainly to policy changes that lead to uncertainties of enterprises' operations. However, when doing business overseas, political risks take a different format.
On Sany America's sprawling campus on the outskirts of Atlanta, with the modern factory serving as the backdrop, a line of earth excavators bearing different manufacturers' nameplates operate in a kind of choreographed competition - Caterpillar, Doosan and Volvo, against Sany's own machine.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
