Top 10 Chinese Companies in the world 2014

 

  Chinese overseas investment continues to diversify across industries and increase dramatically in magnitude. According to China’s Ministry of Commerce, Chinese overseas investment totaled $61.6 billion by the end of September 2013—a 17.4% year-on-year increase. Chinese overseas investment is set to continue to grow at double-digit rates in 2014. While many of the company names on this year’s list remain the same, there are a few new additions that may surprise you.Let’s see who is going global in the new year…



#1 Lenovo (Consumer Electronics)


 Lenovo maintains its #1 spot for the second year in a row on this list. Its previous acquisitions of IBM IBM -0.31%’s PC line, Germany’s Medion and Brazil’s CCE helped bolster its growing international portfolio. 2014 will likely see Lenovo push beyond PCs and move aggressively into the mobile space, as it was rumored to acquire Canada’s Blackberry in late 2013.

#2 Dalian Wanda (Entertainment & Commercial Real Estate)

 

After 2012’s record-breaking $2.6 billion acquisition of AMC Entertainment, Dalian Wanda continued its international expansion. In June 2013, the firm purchased a controlling stake in U.K.-based yacht maker Sunseeker International. In December 2013, Wanda took AMC public on the New York Stock Exchange. Led by China’s wealthiest man, Wang Jianlin, the firm will certainly be one to watch in 2014.

#3 Huawei (Telecommunications)

 Huawei continues to have one of the largest global business operating footprints among Chinese firms. In April 2013, a series of reports suggested that Huawei was “giving up” on the U.S. market after years of regulatory obstacles. However, deeper analysis reveals that such claims were likely taken out of context. Even excluding the U.S., Huawei did exceptionally well overseas with approximately two thirds of its revenues originating outside of China.

#4 CNOOC (Oil & Gas)

 After first making headlines in 2005 with its failed $18.5 bid for Unocal Corporation in the U.S., in 2013 CNOOC finally closed on its largest North American deal to date. The Chinese oil and gas firm acquired Canada’s Nexen for an astounding $15.1 billion.

#5 Shuanghui International (Consumer Goods)

 A new addition to the list of Chinese companies going global is Shuanghui International, a Henan-based producer of pork products. In 2013, the firm made its highest profile acquisition yet with its $4.7 billion acquisition of Virginia-based Smithfield Foods. A few months later, Shuanghui was already bidding on a second acquisition for Spanish meat processor Compofrio.
The remainder of the Top 14 for 2014 are listed below along with their key highlights from 2013.

#6 Fosun Group (Conglomerate)

 Key Highlights: Pharmaceutical division purchased Israeli medical device producer Alma Lasers Ltd for $240 million. Purchased One Chase Manhattan Plaza in New York for $725 million.

#7 Alibaba (Internet)
 
 Key Highlights: Made headlines about its pending overseas IPO. Continued international expansion was driven by new channels such as AliExpress in addition to its core B2B platform Alibaba.com.

#8 Bright Food (Consumer Goods)

 Key Highlights: After its successful acquisition of U.K. breakfast cereal brand Weetabix in 2012, the firm was reported to be considering an acquisition of Israel’s Tnuva Food Industries Ltd.

#9 ZTE (Telecommunications)

 Key Highlights: Often grouped with its much larger competitor Huawei, ZTE has recently restructured its organization into three business segments: focusing on operators, mobile devices, and enterprises. The new structure aims to develop both its traditional business lines as well as its emerging smartphone business overseas.

#10 Sany (Diversified Industrial)

 Key Highlights: In 2012, Sany acquired German industrial firms Putzmeister and Intermix. Sany, along with its Chinese competitors, continues to look overseas for growth as domestic competitors proliferate and the infrastructure market in China cools.