More Chinese brands beginning to gain global recognition

For decades, China was known as the world's factory. Now, a growing number of Chinese companies are aiming for something more – global recognition. In the last five years, Chinese brands have risen to be able to compete with Western brands – not just on price, but also quality. This is due to the country's extensive supply chain and its pool of engineering talent to drive innovation. Melody Chan reports from Shanghai and Shenzhen.