News Snapshot:
Key View - US-China tensions raise the risk that US sanctions targeting Chinese firms inhibit collaboration between Chinese and Non-Chinese firms across the global infrastructure project pipeline. - Led by emerging Asia and Sub-Saharan Africa, emerging markets are most exposed to potential disruptions to Chinese and Non-Chinese collaboration, underpinned by strong Chinese activity in these markets and international firms’ contributions to China-led Belt and Road Initiative projects. - We expect that risks to such project collaboration will likely limit the long-term level of non-Chinese contributions to the Belt and Road Initiative, curbing China’s ability to diversify contributions to the implementation...
