28.10.2014 - Will China ride to the rescue of Britain’s dilapidated infrastructure?
As debate rages over the costs of HS2 and how a proposed “HS3” high speed rail link will be funded, a new report estimates China will invest more than £100bn in UK infrastructure over the next 11 years. China’s sovereign wealth fund, the China Investment Corporation (CIC), has been pouring cash into a number of UK infrastructure companies over the last five years, including taking a 10pc stake in Heathrow Airport, which is valued at $730m (£453m)...............................................Full Article: Source
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