Corporate China pushes abroad amid scepticism

Newswire

By Scott Hillis BEIJING, Dec 21 (Reuters) - A Chinese chemicals firm bids for a troubled South Korean car manufacturer. A Chinese television maker teams up with a European electronics giant. A Chinese phone company buys a bankrupt U.S. network. Corporate China is on a move abroad, a long march to capture foreign markets and resources as part of Beijing's "Go Forth" policy to get firms on the globalisation bandwagon. The moves signal that China's maturing corporate sector is growing ...

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