
Billionaire Cao Dewang shares US expansion strategy at the University of Hong Kong
Fuyao Glass founder Cao Dewang spoke at the University of Hong Kong, warning against transplanting Chinese business practices overseas and highlighting his localized US approach.
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Cao Dewang founded Fuyao in 1987, growing it into the world's largest automotive glass manufacturer.
Speaking at the University of Hong Kong (HKU) on Monday, the founder of Fuyao Glass said the approach had been central to the firm’s success in the US and warned against simply transplanting Chinese practices overseas.
“When I go to America, I use American people and American resources,” he said, adding that Fuyao’s US operations employed between 6,000 and 7,000 people, with fewer than 200 staff sent from China.
Cao, 80, known as “China’s glass king”, founded Fuyao in 1987 and transformed it into the world’s largest automotive glass manufacturer.

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