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Through expansion overseas, they aim to gain access to new distribution channels, international managers, brand recognition and technological expertise in global markets.
FORBES: 13 Chinese Companies Going Global In 2013
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If acquiring overseas companies to gain access to technology, marketing and distribution channels in international markets is such an attractive proposition, why has it taken so long for industrial firms in China to venture abroad?
FORBES: China's Coming M&A Boom
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Every major international company is already manufacturing and developing sales and distribution channels in the country, and a steady flow of up-and-coming Chinese companies are entering the market, even the premium and high-technology segments, every year.
FORBES: Lincoln Joins Luxury Car Sweepstakes In China
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"We expect to announce soon the distribution of our channel, " said Gustavo Leme, general director of Fox International Channels in Brazil.
WSJ: Fox Sports to Launch Channel in Brazil