S'pore firms can show Chinese ones the way to internationalisation

Singapore

SINGAPORE companies can "lead the way" for their Chinese counterparts in internationalisation - one of the three major drivers for China's next phase of growth, said Lenovo's founder Liu Chuanzhi on Thursday.

But to facilitate such growth in the world's second-largest economy, uncertainty in policies must be avoided, added the 72-year-old.

Internationalisation can be one way for China's private-sector companies to grow as the domestic economy slows, said Mr Liu.

Yet, mighty as they may be, Chinese firms are still not well-acquainted …