In the United States, although republicans, democrats and the President all seem to agree that the nation’s aging infrastructure is past due for an upgrade, US Congress has yet to pass the long-promised federal-sponsored bill to fund the endeavor. Instead, US states and municipalities are the ones quietly boosting infrastructure spending within their localities. Meanwhile, China continues to push its Belt and Road (BRI) initiative across Asia and beyond, amid signs of a slowdown and growing skepticism of its success. Given how things are going, US-focused infrastructure companies are where to place your bets right now.
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