Industry body to offer advice on protecting overseas interests

A sharp increase in the number of business disputes arising on foreign soil, particularly in the infrastructure sector, has prompted the China International Contractors Association to reveal plans to improve its risk-prevention systems aimed at protecting the interests of companies operating abroad.

Zhang Xiang, its spokeswoman, said it remains uncertain how Chinese companies might be treated in such cases, either by their business partners or the host countries, especially in destinations that are undergoing complicated political, economic or social change.

Zhang said the association now plans to provide more legal, finance, language and consultancy training to enhance its members' earning abilities in overseas markets but also to safeguard them against potential risks caused by unforeseen issues.