Gone global: Chinese businesses are booming abroad

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  The Economist.

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  Hi, I'm Sarah Wu, co-host of Drum Tower, our podcast about China.

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  Welcome to Editor's Picks.

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  We've handpicked an article for you from the latest edition of The Economist.

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  We hope you enjoy listening.

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  A few years ago, it would have been hard to imagine Chinese brands making it big in America.

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  Yet today, shoppers in Manhattan can pop by the 2,800 square meter store of Urban Revivo

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  to pick up one of the Chinese retailer’s trendy outfits,

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  which are all the rage on TikTok,

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  a short video app owned by ByteDance, another Chinese company.

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  They can follow that up with a latte from Luckin Coffee,

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  which began opening outlets on the island last year,

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  or an ice cream from Mixue,

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  another Chinese retailer that has recently set up shop.

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  With each passing year, the presence of Chinese business abroad grows stronger,

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  in rich and poor countries alike, and across a widening range of industries.

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  Last year BYD, a Chinese maker of electric vehicles, EVs, overtook Tesla, America’s EV champion, in sales.

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  More than a fifth of its cars were bought abroad, up from a tenth in 2024.

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  Chinese AI models are now being used the world over,

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  not just in the global south, but also by Western companies

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