China’s “going out” policy has landed Chinese firms in many high risk environments. Not surprisingly, this has stimulated the growth of private security companies (PSC) “with Chinese characteristics.” The first private Chinese security firm to operate overseas was, apparently, a Ningbo company, in 2004. Although most of these companies operate in truly high risk areas such as Iraq or Afghanistan, they are also increasingly present in places like Kenya.
“The demand is huge especially as more Chinese enterprises will go abroad inspired by the Belt and Road initiative. We are now trying to expand our business to more countries, including Pakistan and Bhutan,” one company told the Global Times.
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China’s “going out” policy has landed Chinese firms in many high risk environments. Not surprisingly, this has stimulated the growth of private security companies (PSC) “with Chinese characteristics.” The first private Chinese security firm to operate overseas was, apparently, a Ningbo company, in 2004. Although most of these companies operate in truly high risk areas such as Iraq or Afghanistan, they are also increasingly present in places like Kenya.
“The demand is huge especially as more Chinese enterprises will go abroad inspired by the Belt and Road initiative. We are now trying to expand our business to more countries, including Pakistan and Bhutan,” one company told the Global Times.
Read the rest.
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