Financial ties fuel Chinese companies' overseas expansion
2025-10-31
A pilot waves to the audience after the demo flight of a flying car developed by Chinese company XPENG AEROHT in Dubai, the United Arab Emirates, Oct 12, 2025. [Photo/Xinhua]
Financial business leaders attending a major forum in Beijing have shared their insights on facilitating the global expansion of Chinese companies, and on how the overseas presence of these companies fosters shared prosperity.
"In London, there is capital seeking innovation. In China, there is innovation seeking capital," said Jack Perry, CEO of London Export Corp and chairman of The 48 Group, which has been promoting trade between China and the West since the 1950s.
Perry said he believes that robots, which he described as the "arms and legs of AI", will become some of China's most important future exports. LEC is collaborating with Chinese robotics firms on the distribution of their products in Europe, the Middle East and Latin America.
He noted that LEC assists Chinese companies with overseas data regulation compliance and in establishing research and demonstration hubs. "We aim to align Chinese ingenuity with Western investment and understanding."
