The 3 Waves of China's Economic Rise

• The 1st Wave: Export (Selling of low-cost products)
• The 2nd Wave: Inbound Investment, or FDI (Selling of assets and resources)
• The 3rd Wave: Import & Outbouond Investment (Buying assets and resources, both tangible and intangible)

Both of the first two have a “selling” motif where being cheap and discounted helped. The last one is a “buying” scenario characterized by “high value-add“ and “acquisition“.

Please go to “A Closer Look at the 3rd Wave” for a detailed description and analysis.