Global biz outreach on march

M&As now giving way to 'new business models, new markets, new challenges'

Chinese companies are accelerating their global expansion with a new playbook that moves beyond traditional mergers and acquisitions to embrace diversified strategies and boost exposure to emerging markets — even as they navigate an increasingly complex regulatory and geopolitical environment.

"The global expansion of Chinese companies has already made significant strides and is now marked by three main trends — new business models, new markets and new challenges," said Lawrence Jin, Deloitte Global Chinese Services Group leader and Deloitte C2G (China to Global) leader.

Unlike the previous wave of overseas expansion, which leaned heavily on M&As to acquire brands, technologies or market share, many Chinese companies are now exploring diversified forms of overseas expansion, Jin said during a recent exclusive interview with China Daily.