This lecture delves into the emergence of Chinese multinationals on the international stage, exploring the impact of companies like Huawei and Xiaomi. The instructor discusses the challenges these companies face in becoming global brands, touching on issues such as investment strategies, business models, and the importance of data. Through case studies and comparisons with Western brands, the lecture highlights the rapid growth and influence of Chinese companies in various sectors. The debate between students further examines the complexities of international expansion and the potential obstacles faced by Chinese brands in the global market.