Why are Chinese companies dominant in Serbia?
CONCLUSION
Data from the Agency for Business Registers (APR) in Serbia show a kind of dominance of Chinese companies when it comes to revenues and profits. However, what worries analysts is the fact that the largest revenues are generated by Chinese companies that are involved in the exploitation of natural resources (ores and metals) in Serbia, while these companies are often the target of public criticism for non-compliance with laws and environmental standards. Earlier in the texts we pointed out the fact that most of the investments of Chinese companies in the countries of the Western Balkans relate to investment in resources, whereby products with a lower added value (raw materials) are exported, most often to China, where products are then made from those raw materials with a higher added value values. In the process of using resources, Chinese companies often violate the legislation of the host country and do not take measures to protect the human environment and apply ecological standards.
As the countries of the Western Balkans are still at a low level of application of environmental standards (even when their application is legally binding), Chinese companies use insufficient supervision and inadequate use of measures to sanction violations of legal provisions when it comes to protecting the human environment. Unfortunately, the authorities in Serbia, as well as in other countries of the Western Balkans, do not sufficiently deal with the methods used by Chinese companies in their work, which often leads to endangering the human environment and the health of the population.