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Caixin Global
Caixin Global
Business
Feng Yiming

Chinese Firms’ Overseas Expansion Faces Rising Policy and Operational Risks, Report Says

While the number of overseas subsidiaries established by Chinese mainland firms jumped to over 10,000 in 2023 — up from 7,653 in 2021 — the pace has cooled in 2024

Chinese firms looking abroad are navigating a more complex environment, as global macroeconomic instability and localized business risks combine to create a tough environment for expansion, according to a new report by Dun & Bradstreet Holdings Inc.

Released on Sept. 22, the report warns that Chinese companies venturing overseas are grappling with significant uncertainty. On one hand, volatile tariff structures and shifting investment policies are complicating strategic planning. On the other, firms are confronting granular risks such as opaque partner finances and erratic payment practices that are threatening cash flow and solvency.

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