Close trade ties see Chinese firms rev up expansion within ASEANBy SHI JING in Shanghai | China Daily | Updated: 2026-08-11 09:06

　　

　　

　　

　　View of Chinese automaker Geely's booth during an expo in Bangkok, Thailand. XINHUA

　　While Chinese companies still have ambitious plans to expand their overseas business activity, structural changes are taking shape, including motives for outbound reaches and the diversification of companies and industries going abroad, said a report released by Singapore-based bank UOB.