Investigation of the Performance of Chinese Contractors on Political Risks Management in International Market

Safi Ullah (), Xiaopeng Deng () and Tengyuan Chang ()
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Safi Ullah: Southeast University
Xiaopeng Deng: Southeast University
Tengyuan Chang: Southeast University

A chapter in Proceedings of the 24th International Symposium on Advancement of Construction Management and Real Estate, 2021, pp 1427-1443 from Springer

Abstract: Abstract The performance of Chinese contractors is evaluated from the perspective of the characteristics of overseas business of Chinese contractors and its political risks. In this research, further analyses on the fund and pricing model of Chinese Contractors overseas projects were made based on the results of this research projects, as well as their ability to withstand political risks and coping strategies were considered. This research is based on questionnaire data in which 91.1% (328 projects) of the contractors came from large state-owned enterprises, while only 8.9% (42 projects) came from non-state-owned enterprises. This also reflects that China's overseas project contracting is dominated by state-owned enterprises. Among them, 57.6% (213 projects) are contracted by enterprises through the establishment of local subsidiaries, and 42.4% (157 projects) are contracted overseas in the name of parent companies. This survey reflects the general situation of political risks of Chinese contractors in overseas project management. In general, Chinese contractors are facing higher political risks, and they do not attach enough importance to political risks, and their ability to deal with political risks. However, this study is a useful reference for managing the political risks for international contractors when expanding into this emerging market.

Keywords: International project; Construction; Political risk; Chinese contractors; Questionnaire survey (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-15-8892-1_100

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DOI: 10.1007/978-981-15-8892-1_100

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