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China's $83B West Virginia Shale Deal Dead in the Water?

HK Rach in Nat Gas / LNG

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HK Rach    + 10

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Is China's massive $83-billion investment deal in West Virginia dead now because of the trade war? Chinese investors cancelled their scheduled appearance at a conference in Pittsburgh this week where they were supposed to announce the details of the multiple projects. Will be interesting to see how this plays out. No idea if it's dead, but the Chinese aren't going to move on this in the current atmosphere, but they could also use it as leverage perhaps. Trump definitely wants this deal for his WV governor buddy, and he's the one who brokered it back in November. 

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