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| Kerry welcomes Chinese Government |
Secretary of State John Kerry told the press in
Beijing that he discussed with Chinese government officials investing in
America's infrastructure. Kerry called the security concerns "very, very
few; very, very little."
"We welcome Chinese investment in the United
States. And a very, very small percentage of investment is subject to a process
where we have a security evaluation because of the nature of the business or
the particular location. But it’s very, very few; very, very little. And
obviously, there are sometimes concerns when there’s a state ownership of a
particular business because that raises a different set of
considerations," Kerry said, in response to a question about what he said
to encourage Chinese investment in America.
"But for true private sector private
investment, we have countless opportunities and we welcome that investment. One
of the things I’ve discussed with the State Councilor tonight was the
possibility of China investing in infrastructure. We have proposals in the
United States Congress to creature infrastructure bank. We have huge
infrastructure needs in the United States for a certain series of projects like
water projects, transportation projects, energy projects. Those are all
revenue-producing projects. So they are projects from which pension funds and
other kinds of investments can make a return on investment and everybody
benefits. It’s a win-win-win. It’s a win for the investors, it’s a win for the
countries, and ultimately it’s a win for the place where the infrastructure
gets built.
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