Article at a glance:

How Chinese companies can succeed abroad

• Chinese companies are on the threshold of becoming truly global. A few—fewer than might be suspected from recent headlines—have already passed through the door by moving to acquire resources, talent, intellectual property, and customers beyond China’s borders. More will follow as the successes accumulate.
• To succeed abroad, Chinese companies must carefully examine the obstacles they face because of their inexperience and corporate structures geared to serving a single market. They will have to gain capabilities quickly and re-create their organizations to function smoothly in a global environment.