China's slump pushes its smaller companies overseas for growth
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.