Category: China “Going Out”

Worries related to China’s “Going Out”

(April 5, 2010) In recent years China has become a regional leader in Southeast Asia for the financing of major infrastructure projects, particularly dams—overtaking traditional sources like the World Bank. But China is quickly learning that the rules of investment outside its borders are drastically different than those within it. This report by Wu Aoqi, a researcher based in Beijing, analyzes a number of problems facing both Chinese firms and the central government as they pursue a “going out” policy.

Insist on impact assessments

(October 15, 2006) Interim Prime Minister Surayud Chulanont has told each newly appointed minister to look into the projects initiated by the previous government and determine whether or not to proceed. In all likelihood there will be many calls for Energy Minister Piyasvasti Amranand to review the involvement of Egat in a joint venture with the Sinohydro Corporation, a Chinese state-run enterprise, to build a 1,000 megawatt hydroelectric dam at Hutgyi, 50 kilometres inside Burma.