Service, infrastructure contractors find fertile fields in developing nations
By Zhong Nan | China Daily | Updated: 2015-04-23 08:31
In the latest one of a series on the 'new normal' economy, Zhong Nan reports that more domestic companies have plans for overseas expansion.
Service and infrastructure project companies will be major players in China's growing outbound direct investment this year, especially when it comes to Africa and Southeast Asia, as they seek fresh markets and takeover targets that will help them restructure.
These companies are responding to "pull" and "push" factors in their quest for overseas assets.
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