Expansion Chinese TNC «China Minmetals Corporation» of foreign markets

The article briefly discusses the methods of entering foreign markets of «China Minmetals Corporation», its organizational structure of subsidiaries. The financial performance of the two main subsidiaries «Minmetals Resources» and «Minmetals Development», and the dependence of these indicators on the average world prices for non-ferrous metals are analyzed. The topic is relevant, since TNC «China Minmetals Corporation» is fully controlled by the state. The majority of modern TNCs leading in the RAEX-600 rating in terms of sales volumes were created by private individuals and do not depend on the state. In Russia, there are large companies with state participation, and given today's realities, it is important for us to understand whether it is possible to create a successful and competitive corporation with the help of the state. The purpose of the work is to determine the ways for TNC «China Minmetals Corporation» to enter foreign markets.