s+b Trend Watch: Chinese Companies Reclaim “Made in China”
Chinese companies’ total exports are now roughly equal to that of foreign companies operating in China.
Chinese companies are raising their global profile—they now export goods at the same rate as foreign-funded companies operating in China do. And their future looks ever more global: In a recent survey of Chinese executives, 88 percent said they expect to be conducting product development for foreign markets by 2023.