PL

The Chinese invasion - this is not the end

Editorial
The problems Covec has had with the construction of two sections of the A2 motorway in Poland (which finally resulted in the contract being terminated) has generated a lot of derision in the Polish press. The media has been quick to jump at the chance to ridicule the reputation of the Chinese construction sector.Experts admit that the matter has complicated things and may lead to a greater reluctance to employ Chinese firms in the future.

However, this does not mean that the march of companies from the Asian giant has been halted. As is revealed in our main article, there are already a number of Chinese companies over here that are coping perfectly well on the Polish market. Furthermore, if we take a look at the CEE region, we can see that Chinese firms are increasingly winning major contracts. How are they getting on with these projects? Sometimes better, sometimes worse. Cultural differences are inevitably causing some problems. And western companies accuse their Chinese counterparts of price-dumping. However, some experts believe that the lower prices offered by the Chinese may turn out to be a good thing if they lead western companies to calculate their offers more carefully. Chinese companies, strengthened with cheap financing from Chinese banks, are currently targeting Poland, Hungary, Romania and Serbia. They are also looking to use the experience gained in Central and Eastern Europe to help them to storm the western markets of the European Union. How should we treat this new competition from Asia? Should we embrace the new possibilities - the cheaper construction and secure financing? Or worry about the greater competition, which, let us not forget, is supported by a totalitarian regime?

Radosław Górecki

Categories

Log in

Forgot your password? Reset password

Your order

Your data
Create an access password
The password will allow you to access the materials from any device
Invoicing data
Order summary
Net order
VAT (%)
Gross order
Already have an account? Log in
Payment security is ensured