
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.