China’s ‘first movers’ into the global economy are not just from traditional industries but
also the telecoms and information technology sector. Sinopec, China National Offshore
Oil Corporation (CNOOC) and China Minmetals Corp are leading the way in the
extractive industries. Huawei Technologies, ZTE Corporation, Lenovo and TCL are
rapidly becoming global players in the ICT sector. Despite a number of these firms
claiming to be private, there is doubt over the ro