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General News    H4'ed 9/18/14

China may put hundreds of billions into building infrastructure for India so both countries can have higher GDP growth

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China may put hundreds of billions into building infrastructure for India so both countries can have higher GDP growth.
Deloitte and PWC have papers that detail the infrastucture needs and opportunity in developing countries like India.

China's infrastructure builders need to expand beyond China as China rebalances its domestic economy towards services and consumption.

China's foreign exchange reserves, the largest in the world, reached a record USD 3.95 trillion in March and it plans to invest around USD 500 billion overseas in the next five years, a large share of which is expected to find India's way.

China is positively considering investing in India's ambitious plan to build high-speed railways, including bullet trains.
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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)
 

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