CITIC Group Corp - Company Profile
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CITIC Group Corp (CITIC) is a conglomerate operating in diversified businesses fields. The company’s diversified business portfolio, project portfolio and integrated network of operations are its major strengths, even as overdependence on China remains a cause for concern. However, positive outlook for Chinese construction industry, recovery of global steel demand, and increasing demand for energy are likely to present new growth opportunities to the company. Stringent regulations in China, rapidly changing technology and risks related to competitive bidding could affect the company’s performance.
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