Sibling rivalry: a tale of Chinese children
- From: Vol 10, Issue 9 (September 2009)
- Category: General
- Region: Asia
- Country:
- Related Companies: Beijing Capital Group, Beijing Enterprises Water Group Ltd., Chongqing Water Group, ePure International, Shenzhen Water Group, Sound Group, Suez, Veolia and Z.K.C. Environmental Protection
Kathy Liu reflects on how state-backed, private and foreign companies have grown up in the Chinese water market.
Just two years ago, French water giants Veolia and Suez dominated the Chinese water market, with Beijing Capital as the only real local competitor. Since then, things have become relatively quiet for the two foreign companies, while state-owned enterprises (SOEs) and local private firms have come of age.
Beijing Capital has been working its way through a huge BOT contract ...
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