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China Focus · Posted by CatchjoeyApr 9

I was in New York a few years ago when a senior executive from a Chinese state-owned enterprise (SOE) said something that stuck with me: “Going global is easy. Staying global is hard.” At the time, it sounded like a cliché. Today, it reads more like a policy diagnosis.

On April 8, China quietly made a move that many outside observers may underestimate: the State-owned Assets Supervision and Administration Commission of the State Council established a dedicated bureau for overseas state-owned assets. On paper, it looks administrative. In reality, it signals a structural upgrade in how China thinks about globalization, not expansion first, governance second, but both simultaneously.

Continue reading China just rewrote the rules of “going global”, but not the way you think →