Property News · April 28, 2020

For Chinese contractors, Belt and Road Initiative rewards come with heightened risks in a changing world


Chinese contractors have risen to global prominence over the past decade by riding the wave of Belt and Road Initiative (BRI). In 2018 alone, they captured almost a quarter of all international construction revenue.In the first half of 2019, they signed US$87 billion worth of contracts in these regions. They have also secured US$6.7 billion of energy, infrastructure and mining projects in Latin America, which only officially became part of the BRI in 2017.Chinese contractors are now involved in…

Source : South China Morning Post
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