Michele Kearney's Snuffysmith's Blog
Major Foreign Policy, Economics, Energy, and Irrelevancies of the Day
From an email I received:So the Chinese, having fretted for years about the incapacity of U.S. infrastructure efficiently to support growing levels of international trade (including, notably, their own imports and exports), have decided to fix it themselves at a profit. The UK is considerably more welcoming that the US at present, where there is an aversion to Chinese investment that seriously discourages it. CIC Chairman Lou's op-ed on the subject of Chinese investment in Western infrastructure appears in today's FT. He is widely expected to be finance minister in the next Chinese cabinet.
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