With the repaid growth of Chinese companies, many of them have started to
mature into global players and explore the oversea markets. By 2013, there are 89
Chinese companies listed in Global Fortune 500 (CNN Money, 2013). Passing the early
stage of adaptation, Chinese companies‟ overseas networks have become increasingly
more complicated. In 2012, China’s outflow investment was $168,355.26 million USD,
which accounts for 12% of the total global outward FDI amount UNCTAD (2013). As
Thailand has close cultural and ethnic ties with China and strategic location in ASEAN