China's construction developers shift focus to developed economies

Note: This section contains information in English only.
Source: China.org.cn
© Scanpix/Reuters

In recent years China's offshore property developers were focusing on developing economies as Middle East and North Africa. Currently these regions experience a political turmoil thus increasing the level of risk of construction projects. Now China's construction contractors see high potential in entering developed economies, said Yu Zhende, vice-president of Overseas Operations for China State Construction Engineering Corp Ltd.

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