China Communications Construction Company (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. Photo: AFP
Chinese construction giant CCCC aims to counter growing uncertainty with belt and road project push
- Two weeks ago, the US Department of Commerce placed five subsidiaries of China Communications Construction Company (CCCC) on its Entity List
- A total of 24 Chinese state-owned companies were blacklisted for their roles in helping ‘militarise’ outposts in disputed parts of the South China Sea
China Communications Construction Company (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. Photo: AFP
