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Emerging MNCs from China
Konka Group Company, China's best-selling colour television manufacturer, and several other large Chinese enterprises have been expanding overseas with considerable success in recent years. Like the Japanese and the Koreans who emerged as global players earlier, they have been helped along by exceptional support from domestic financial institutions, the adoption of facilitative policies by their government and fast assimilation of imported technologies. But whether or not China will be the next 'Asian tiger' remains to be seen.