The US-China trade breakthrough – with the two sides agreeing to a last-minute deal – will help ease concerns about Chinese outbound investment in infrastructure, according to market analysts.
The phase one agreement, which the two countries announced late on 13 December, avoided the imposition of an estimated USD 160bn of US tariffs on Chinese consumer goods and lowered some existing penalties.
Some industry participants argue that while the deal bodes well for money heading out of China, the trade tensions are not necessarily a bad thing for infrastructure companies on the mainland as Beijing resorts to its old practise of boosting spending to shore up economic growth. The deal itself is an interim agreement, with the two sides saying they are still working on the details.
Here are some views from industry experts interviewed by Inframation.