In African countries, companies from China are often very successful. Companies from Germany should seek, therefore, more frequently, the cooperation – according to the authors of a study.
According to a report in the “world” according to the experts of the German economy in Africa to cooperate with Chinese companies . This is clear from the study, “China in Africa” by Germany Trade & Invest (GTAI), the German chambers of industry and Commerce (DIHK) and the Africa – Association.
Supplier from China would gain in a growing number of African States, in the meantime, the majority of the tenders for large infrastructure projects. In some areas, such as the construction industry, you already had a dominant position in the market. Therefore, German companies should not work in competition with the Chinese, but as a Junior partner, for example, as subcontractors or suppliers. “For German companies, this means increasingly, especially in the infrastructure sector, not as competitors, but as partners of the Chinese General entrepreneurs and investors to set up”, the newspaper quoted from the conclusion of the study.
“New opportunities due to China’s strong Position”
The strong Position of China in Africa is growing, although in some Places the competition for German companies, said DIHK foreign trade chief Volker Treier the “world”. But this is also creating opportunities “by the newly created infrastructure is in place and by creating new partnerships between German companies and Chinese partners on the African continent”.
The study surveyed German companies assess their existing collaborations with Chinese partners in African countries has been mainly positive. A fifth reported therefore of good experiences with bi – or trilateral cooperation; every fifth company of such cooperation interested. The company will see additional business prospects in future cooperation.
“China’s growing presence in Africa is a reality that businesses must confront,” said GTAI-CEO Juergen Friedrich of the newspaper. Chinese companies could be “a precursor or Partner in large-scale projects. Cooperation with a successful Player such as China may be useful.”
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China-Africa summit: The race to the continent
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China-Africa summit: The race to the continent
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