Chinese companies, including TikTok, Lenovo, BYD, Chery, Luckin Coffee, and Alibaba, are expanding internationally due to slowing domestic growth prospects.
Post-pandemic, Chinese companies are expanding internationally to seek growth opportunities. TikTok, Lenovo, BYD, Chery, Luckin Coffee, and even Alibaba are examples of companies looking beyond China's borders for growth. The trend indicates slowing domestic growth prospects.
June 03, 2024
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