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Confronting Complexity: Lessons Learned from Engagement with Chinese Enterprises

Confronting Complexity: Lessons Learned from Engagement with Chinese Enterprises

Confronting Complexity cover image
Photo: AFSC

A little over a decade ago, the Chinese Government began to actively encourage Chinese companies to invest abroad as part of its “going out” strategy. Since then, with the introduction of the One Belt One Road (OBOR) Initiative in 2013, the overseas investment of Chinese State Owned Enterprises (SOE) and private companies has increased exponentially. While both companies and local stakeholders in the recipient countries have high expectations for these projects, many companies become quickly frustrated at their inability to identify and manage various risks, particularly at the societal level. Similar to projects funded by other multinationals, Chinese corporate projects have encountered community dissatisfaction and unrest, and in some cases contributed to broader tensions and instability within the host state. Through its work engaged companies on Business and Peace, AFSC has found that these companies are increasingly open to change as they discover that  conflict translates into losses  for both companies and communities.  This article, based on AFSC’s experiences engaging corporate stakeholder in Cambodia, discusses how cross-border investors from China are searching for tools and approaches to help reduce impacts of their business activities, and make positive contributions to peace.

Created Date: 
Feb 2, 2017