Infrastructure investment key to boost globalization
An industry report urged infrastructure investors and contractors with a long-term vision to expand in emerging markets and set up a diversified investment portfolio to minimize the impact of the United States government's unilateral and protectionist policies.
Investors and contractors in the infrastructure industry should fully evaluate the impact of US trade protectionism which has seriously hampered the process of economic globalization, the Belt and Road Infrastructure Development Index Report 2019 said on Thursday.
"The US unilateralism has disrupted the global economic, trade and investment environment, and the uncertainty of international infrastructure cooperation has increased," said Fang Qiuchen, chairman of the China International Contractors Association.