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US$15b of Chinese energy deals cancelled
Mainland infrastructure investors have had plugs pulled on such deals over two weeks
Add BT as a preferred sourcePublished Fri, Aug 12, 2016 · 09:50 PM
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Hong Kong
CHINA's infrastructure investors have had a tough two weeks, with plugs being pulled on at least US$15 billion of potential deals in nuclear power and electricity distribution.
Britain and Australia refused to sign off on investments where state-owned Chinese companies were ready to provide much- needed funding. In both cases, the long-term utility programs were halted in the later stages, stunning participants.
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