China has gone from a place shut off from the world to a manufacturing center, to a place that Western companies coveted for its huge consumer base. Then, China developed its own companies that were outside the state-owned system. These companies succeeded within China, and now, contrary to the predictions of many, are succeeding and becoming known globally. Additionally, Chinese business interests are acquiring foreign companies, taking on global assets.
Chinese Brands Known Globally
Aside from the companies that have been discussed in detail, such as Alibaba, WeChat, and others, here are some examples of local Chinese brands, largely unknown outside of the country 10 years ago, that are now players on the global stage.
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