Un articolo del Financial Times sulle opportunità geo-economiche cinesi e sulle strategie del principale fondo sovrano di Pechino, il China Investment Corporation, nei confronti del sistema infrastrutturale britannico.
"China Investment Corporation, the country’s main sovereign wealth fund, plans to invest in the dilapidated infrastructure of developed countries, starting with the UK, according to Lou Jiwei, the fund’s chairman.
The $410bn Chinese fund is keen to team up with fund managers or participate through a public-private partnership in the UK infrastructure sector as an equity investor” Mr Lou writes in an opinion article in Monday’s Financial Times.
In his article, Mr Lou suggested Chinese companies and investors wanted to own and operate infrastructure in the west as well as help build it. “Now infrastructure in Europe and the US badly needs more investment,” Mr Lou wrote. “Traditionally, Chinese involvement in overseas infrastructure projects has just been as contractors. Now Chinese investors also see a need to invest in, develop and operate projects.”
Many Chinese officials and academics have been calling for a diversification of the country’s $3,200bn foreign exchange reserves into real overseas assets, including infrastructure.
Although the reserves’ composition is a state secret, the vast bulk is invested in highly-rated sovereign debt, particularly US Treasury bonds.
CIC was set up in 2007 with a small portion of the reserves and given the task of making riskier offshore investments and earning higher returns. At first, most of its offshore investments were in the financial sector but more recently the fund has invested in natural resource-related companies and dabbled in real estate (…)"