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Story perspectives

Chinese Firms Pursue Global Growth Amid Domestic Decline

2/2/2026

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Story summary
  • Chinese firms seek global opportunities as domestic profits decline, aided by growth-friendly policies amid weak demand and trade uncertainty.
  • Zhu Lei, chief marketing officer of Gree Electric Appliances, urges integrating into local markets.
  • Chinese enterprises have been net capital exporters for a decade, but face labor-practice criticisms and rising geopolitical risks.
  • Zhu Lei cautions against insular operations abroad and cites Gree's Brazil factory with three Chinese managers.