Chinese infrastructure investments in Europe have spurred a range of reactions. Among the Chinese acquisitions and investments receiving attention are Greece's Piraeus Port Authority, Turkey's third largest port operator, and a 350km rail line linking Serbia with Hungary.
The fastest growing container trade in the world is intra-Asian trade. It is here that the business case for automated terminal investment is strongest.
Collaboration on infrastructure could be a promising area of mutual interest. One of China's strongest interests in the Arctic is associated with new sea lanes, yet without adequate port facilities and other infrastructure capabilities those interests may never be realized. Coordinated U.S. and China infrastructure investments could benefit both nations.
Is the “City of Gold” a miracle or a model for development?
A selection of the top projects we’re watching this year.
CPEC may have a parallel outside the infrastructure space. In the computer industry, vaporware is a term used to describe a product or piece of software that is announced but never completed.
Americans are not in the game. And, if you’re not in the game, you can’t score. If we’re serious about rebalancing our attention to Asia, we need to get involved in the new institutions Chinese and other Asians are creating.