Are Chinese contractors competitive in international markets?

Zhao, Z Y and Shen, L Y (2008) Are Chinese contractors competitive in international markets? Construction Management and Economics, 26(3), pp. 225-236. ISSN 1466433X

Abstract

Chinese contractors have become more active in recent years in the international arena. This development is largely due to the encouragement and support by the Chinese government, coupled with the pressure of intensive competition within the domestic market. The increasing presence of Chinese international contractors (CICs) has attracted the attention of competitors from other countries. The CICs' strengths, weaknesses, opportunities and threats in the international construction market are identified through analysing their business performance. Data used for the analysis are from multiple sources including literature reviews, policy reports, published statistics data and interviews with 25 construction professionals who work in CICs. It is suggested that CICs have made significant progress in building up their competitiveness in recent years and become competitors to other overseas contractors in international construction markets. The results provide valuable references for undertaking comparative research on organizational competitiveness among the contractors who come from different countries in international construction markets.

Item Type: Article
Uncontrolled Keywords: China; competitiveness; construction industry; contractor; international business
Index terms: international business, encouragement, international market, competitiveness, presence, international construction, construction professional, construction industry, markets, statistics, interview, literature review, comparative research, business performance, competition, China
Subjects: environmental science, data analysis and analytics, economic analysis, data collection methods, strategic management, mathematical modelling, research design and methodology, market analysis, industry analysis, management, performance measurement, Geography, development economics, professional development
Topics: International Construction, Quality Management, Human Resources, Business Strategy, Information Management, Research Practice, Geographical Context, Sustainability
Descriptive scope: 5 PCTEA

N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here