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From solar to AI: why China may be entering its ‘Go Global 3.0’ era
['Xinyi Wu']
South China Morning Post
Chinese corporate expansion overseas is shifting from solar equipment to artificial intelligence-enabled industrial technology, with a new generation of companies targeting global markets from inception, according to analysts at Goldman Sachs.
“China has entered the ‘Go Global 3.0’ era,” wrote the investment bank’s team, led by Jacqueline Du, in a research note published on Tuesday.
Domestic firms are now targeting hardware across the AI value chain, from data centre infrastructure to automated industrial systems.
Among these firms are an emerging group of “born global” tech companies.
These humanoid robotics firms were helping create entirely new demand pools, according to the report, with Unitree establishing a global market lead.