Chinese companies expand businesses overseas amid economic downturn

In 2024, about 53 Chinese companies went public in the U.S. and raised $1.84 billion amid a slowdown in the A-share IPO market. Many of these companies are high-tech firms. Besides tech firms, consumer brands are aiming at overseas clientele as well. Analysts tell VOA Mandarin that Chinese companies are putting their hope in markets outside China to survive, and they are adopting smarter strategies to succeed.

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