Tim Cullen, partner with Jones Day, a US law firm that specializes in global trade disputes, said these cases were controversial even in the US, but there will be "less political noise" after the election. Meanwhile, he suggested Chinese companies take into greater account legal aspects during their globalization process.
Chen also suggested that Chinese companies should not rush into large-scale projects without a sufficient knowledge of corporate culture.
"A good method might be to start as a shareholder, and gradually expand your share."
He Zhenwei, deputy secretary-general of China Industrial Overseas Development & Planning Association, stressed the role of private investors in driving such growth, citing that the number of merge-and-acquisition deals by private companies has overtaken those by State-owned companies for the first time.
Contact the writers at weitian@chinadaily.com.cn and lijiabao@chinadaily.com.cn
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