Friday , September 18 2020
Home / South China Morning Post / Chinese construction giant CCCC aims to counter growing uncertainty with belt and road project push

Chinese construction giant CCCC aims to counter growing uncertainty with belt and road project push

Summary:
[unable to retrieve full-text content]Chinese state-owned engineering giant China Communications Construction Company (CCCC) will counter growing uncertainty in the growth of its overseas projects, some of which has been caused by US blacklisting of five of its subsidiaries, by pushing ahead with its Belt and Road Initiative projects.CCCC flagged potential headwinds to its ability to increase overseas projects abroad in a trading update to the Hong Kong and Shanghai stock exchanges late last week.And while the company was referring…

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[unable to retrieve full-text content]
Chinese state-owned engineering giant China Communications Construction Company (CCCC) will counter growing uncertainty in the growth of its overseas projects, some of which has been caused by US blacklisting of five of its subsidiaries, by pushing ahead with its Belt and Road Initiative projects.CCCC flagged potential headwinds to its ability to increase overseas projects abroad in a trading update to the Hong Kong and Shanghai stock exchanges late last week.And while the company was referring…

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