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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Eric Ng

Eric Ng

Eric joined the SCMP in 1998 after brief stints in a trading company and translation and editing roles at Dow Jones and Edinburgh Financial Publishing. He has close to 20 years of experience covering China's energy, mining and industrial materials sectors, and has recently added biotechnology to his coverage. Eric has a Masters of Business Administration degree.