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Abstract
The Chinese economy has not only provided huge opportunities for Australian industries including in construction and engineering, but is also latent with a variety of challenges including regulation, legal systems, local competition, culture differences and so on. This paper summarizes our study of the risks for construction and engineering firms in China through interviews of government agencies, organizations and Australian firms in China. As a result, major risks arising from the involvement of Australian construction and engineering firms in China were identified. IP protection, complex networks of policies, decrees and regulations, and fragmentation or conflicting among them imposed by the state, industry and local governments, were generally considered as three major risks in China, although there were slightly different opinions in different sectors. The outcomes from the study may provide both policy-makers and Australian firms with useful information for governance, management and planning at either the strategic or operational level.