Source:https://www.scmp.com/economy/china-economy/article/3268499/chinese-companies-going-global-should-learn-japans-mistakes-academic-says
EconomyChina Economy

Chinese companies ‘going global’ should learn from Japan’s mistakes, academic says

  • A marketing analyst has said Chinese firms taking their business overseas can learn from their Japanese counterparts – in how not to do it

Ji Siqiin Dalian, Liaoning province
As Chinese businesses move overseas, an academic has suggested they look to Japan as an example of what not to do. Photo: Handout

As more Chinese companies expand their overseas business – staying out of harm’s way as trade frictions with the West intensify – they can learn a lesson from their Japanese predecessors who failed in their own attempts at globalisation, a prominent academic said.

“China and Japan are very different. But I think the Chinese can learn a lot from Japan’s mistakes,” said Dominique Turpin, professor of marketing at the China Europe International Business School (CEIBS) in Shanghai.

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