AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Financial assistance in foreign market
On the 17th of May 2017, the investment subsidiary of China Construction America (CCA), Strategic Capital, annouced that it had invested $140m of funds into a new construction project in New York, NY, USA. CCA's parent company, China State Construction Engineering (CSCE) is a Chinese state-owned construction company, heavily supported by both the Chinese government and Export-Import bank of China in extending the tendrils of China's construction industry overseas.
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