The question of what enables Chinese companies to enter the global arena is raised in the context of Wenzhou—a city known for its entrepreneurial spirit and thriving private economy. This question opens up a broader discussion about China's place in the world economy.
As part of this study, CGTN interviews Malatu Teshome, former President of Ethiopia, and Radhika Desai, a political science professor at the University of Manitoba. They discuss what gives Chinese firms a competitive advantage when transitioning from local enterprises to international markets.
As the global economy develops, Wenzhou provides an opportunity to understand how Chinese business copes with changes, seeks new opportunities, and establishes connections with the wider global community.