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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

America needs $8 trillion worth of infrastructure over the next two decades—and China could help

Posted on 25 October 2013

America needs at least $8.2 trillion to keep energy, water and transportation infrastructure in a good state of repair between now and 2030, according to a new report by the US Chamber of Commerce. The best way to cover that gargantuan expense? Investment from China.
In the UK, Chinese investors can own majority stakes in future nuclear plants. The country’s sovereign wealth fund, China Investment Corporation, (CIC) also owns 9% of the company that controls the UK’s largest water and sewage company. In the US, CIC owns a minority stake in EIG Global Energy Partners, an asset manager that invests in energy and resources-related infrastructure………………………………………..Full Article: Source


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