Will China’s Global Challengers Be the Next Global Leaders?

Ever since Chinese companies began going global in force a couple of decades ago, their impact on worldwide business has been hard to overstate. By combining low cost with massive scale, and by taking full advantage of a huge domestic market, companies based in China have disrupted and transformed industries from telecommunications equipment to solar panels. Twenty-nine Chinese companies are represented in The Boston Consulting Group’s most recent list of 100 global challengers. (See 2014 BCG Global Challengers: Redefining Global Competitive Dynamics, BCG report, September 2014.) Fortune magazine’s Global 500 list for 2014 includes 91 companies based in mainland China, which is now second in number only to the U.S.

Source: www.bcgperspectives.com

By combining low cost with massive scale, and by taking full advantage of a huge domestic market, companies based in China have disrupted and transformed industries from telecommunications equipment to solar panels

See on Scoop.itBusiness Brainpower with the Human Touch

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s