Chinese firms pressured by competition and slowing economic growth at home have turned to just about everywhere else in the world for business. We’re talking about mines in Africa, golf course operation in the southeastern United States and smartphones sales to people in consumption-crazy Southeast Asia. China’s offshore foreign investment rose from hardly anything in 2006 to $102.9 billion last year and another 16.3% in the first 10 months of this year. But there’s a place where China co...
Chinese firms pressured by competition and slowing economic growth at home have turned to just about everywhere else in the world for business. We’re talking about mines in Africa, golf course operation in the southeastern United States and smartphones sales to people in consumption-crazy Southeast Asia. China’s offshore foreign investment rose from hardly anything in 2006 to $102.9 billion last year and another 16.3% in the first 10 months of this year. But there’s a place where China co...
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