Chinese Firms Should Target Southeast Asia, Latin America for Growth, Says J&T Express Investor

Chinese companies seeking to expand overseas will find a higher rate of success in Southeast Asia and Latin America than in more saturated developed markets, according to Tony Qu, a venture capitalist and early investor in logistics giant J&T Express Co. Ltd.

“A lot of Chinese companies lack strategic thinking when they go overseas,” Qu, founder of ATM Capital, said in a recent interview with Caixin. He argued that choosing the right geography is critical, and that companies should dedicate at least six months to a year of on-the-ground research before making a move.