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Overseas Chinese companies have in recent months gained more attention across the country as an increasing number of staff security issues make media headlines.
Senior management from some leading Chinese overseas companies believe the companies should better assess risks of operating in a foreign country and adopt multi-dimensional approaches to avert or mitigate such risks.
Factors for heightened risks
Overseas Chinese firms have encountered threats to both staff and their investments more frequently in recent years and cases in West Asia and North Africa have been a major contributor to the hike.
China's trade ties with the two regions have witnessed constant growth in recent years. Chinese companies also have an increasingly bigger presence in the two regions amid growing trade ties, exposing them more to the waves of social unrest and political upheavals that started last year.
Wang Xifeng, deputy general manager of China Civil Engineering Construction Corp's Nigerian branch, told Xinhua that Chinese companies tended to be more interested in investing in high-risk regions as yields there were higher.
However, he warned high yields always came with high risks and companies could suffer great losses due to security incidents.
Yan Lijin is the CEO of CETC International Co Ltd, an affiliate of China's state-owned electronics giant, CETC. He said, as China became a more prominent global player, armed groups also started to target overseas Chinese workers in a bid to win more space in negotiations with the government.
Source: China Daily
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