Hong Kong-listed Hilong Holding, which makes steel pipes used in oil and gas drilling, has been targeting countries in the Belt and Road Initiative to expand its business. Above, steel pipes used for drilling at the Rumaila oilfield in Basra, Iraq. Photo: Reuters

How a Chinese company targeted by US tariffs for the last 10 years has adapted and thrived

  • Hilong Holding changed US business model and looked to newer markets after being hit by anti-dumping duties
  • Hong Kong-listed provider of oilfield equipment and services now tapping opportunities opened up by Xi Jinping’s Belt and Road Initiative
Topic |   US-China trade war

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Hong Kong-listed Hilong Holding, which makes steel pipes used in oil and gas drilling, has been targeting countries in the Belt and Road Initiative to expand its business. Above, steel pipes used for drilling at the Rumaila oilfield in Basra, Iraq. Photo: Reuters
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