U.S. Chamber Pushes Chinese Infrastructure Investments

Constraints on local and state governments’ ability to fund infrastructure projects provide an opportunity for Chinese investors to provide capital, goods, and services.

To continue reading, log in, register or subscribe below.Calendars are available to registered users of The Bond Buyer web site.
Please log in below with the credentials you established at the time of your subscription or when you set up a free trial. If you have never set up an account with The Bond Buyer, please click the "Free trial" link below to set up your account.

Already a subscriber? Log in here.

Please note you must now log in with your email address and password.


Comments (1)
Why are the Chinese any different from the Spanish, the Australians, the French, or any other international investor looking at this market? (Unless they're willing to give the 0% loans they give their companies to acquire mineral rights in Africa - which they won't.) If they want in on the public side, they'll still need to jump through all the same PPP hoops everyone else does and bid in a public procurement process. On the private side, they can already compete freely. I'll admit I haven't read the report yet, but it sounds like it's nothing more than a statement that the Chinese have a lot of money and may want to invest here, just like every other cash-rich SWF and Infrastructure Fund. Ultimately, they'll run into the fundamental issue that everyone runs into in this space - U.S. tax, toll, or user fee payers need to be willing to pay increased amounts for all this new infrastructure in order to raise the financing to build it in the first place. Chinese money ain't free. The problem in the market isn't a lack of available capital. It's a lack of user/sponsor desire to pay for new assets at return levels attractive enough to investors, whether they be traditional muni investors or infrastructure investors.
Posted by jznyc | Thursday, October 24 2013 at 11:10AM ET
Add Your Comments:
Not Registered?
You must be registered to post a comment. Click here to register.
Already registered? Log in here
Please note you must now log in with your email address and password.

Upcoming Events

Already a subscriber? Log in here
Please note you must now log in with your email address and password.