China is embracing public-private partnerships in a bid to boost infrastructure while keeping debt in check. Sadly, it turns out they’re not very private
Reading through Beijing’s 13th Five-Year Plan, which covers 2016 to 2020, you’d think a Chinese wall of capital will soon be descending on the country’s infrastructure. The asset class, indeed, continues to be seen as a key growth driver at a time when the economy is slowing down. The plan to achieve a 60 percent urbanisation rate by 2020, notably, will require investments of around 42 trillion yuan ($6.1 trillion).
This is an excerpt of an editorial I wrote for Infrastructure Investor. Click here to read the full article