20240125 CES for biz spotlight

A company from China showcases products and components that it produces during the CES electronics show in Las Vegas, Nevada, on Jan. 11. (Photo by Brendan Smialowski / AFP) © AFP/Jiji

China's slump pushes its smaller companies overseas for growth

Suppliers venture out on their own, drawn by opportunity and driven by limits at home

HONG KONG -- Small and midsize Chinese companies, including some that had never thought about venturing overseas before, are increasingly exploring opportunities abroad as domestic competition intensifies and sales slump.

Despite tensions between Washington and Beijing, many of them are setting their sights on the U.S. market due to its vast size and higher margins. Several of these hopefuls took part in the CES tech trade show in Las Vegas this month, taking the opportunity to show off their products, sound out the market and seek partnerships.

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