Historically, China and the United States have been generally on good terms. Although there have bee

Crumbling highways, grove city outlet failing power grids, collapsing bridges, exploding gas transmission lines no, this isn t the end of the world we re talking about. It is just symptoms of America s aging infrastructure.
America is rapidly heading towards a period of massive grove city outlet infrastructure build. According to the US Deputy Secretary grove city outlet of Transportation, Where I think we re falling down on the job is the basic public grove city outlet funding to maintain the infrastructure that we have now. And with constraints on federal, state and local budgets leading to the negligence of infrastructure grove city outlet repairs, plans for infrastructure expansion have been put on the back-burner.
On the flip side, China is fast-forwarding its own infrastructure plans of railway and community housing construction, with expansions in highways, motorways and airports still in the works. With the government, private enterprises and the public all contributing to maintain high saving rates, it has enough grove city outlet funds to expand its infrastructure, and then some. Because of this, many have seen Chinese investment as the natural answer to the US infrastructure woes. HISTORY OF CHINA-US RELATIONS
Historically, China and the United States have been generally on good terms. Although there have been some high tension periods, grove city outlet especially after the ending of the Soviet Union, the PRC and the United States are major trade partners and are both interested in the prevention and suppression of terrorism and nuclear development. It is worth noting that the US-China trade relationship is the second largest in the world, behind the US-Canada trade relationship. Furthermore, China is the largest grove city outlet foreign creditor for the United States. In addition, the American-Chinese relationship has been described grove city outlet by top leaders and academics as the world s most important bilateral relationship of the 21st century. Both sides have good intent to establish grove city outlet a relationship; a joint statement from US President Barack Obama and Chinese President Hu Jintao in 2011 proclaimed their shared commitment to a positive, cooperative, and comprehensive US-China relationship.
According to Henry Kissinger, American diplomat and political scientist, both US and China should openly consider each other s activities as both a normal part of international life rather than a source of anxiety. The inevitable grove city outlet inclination to interfere with each other should not be taken as a conscious intention to dominate, as long as it is fair-minded, as China and the United grove city outlet States are unlikely to go beyond the ordinary rivalry between two great-powers. HISTORY OF SAVINGS
Being grove city outlet the most populated nation in the world, China had a population of approximately 1.351billion people as of 2012. It is also no secret that China has the highest savings rate in the world. The savings rate was reported to be around 50% in recent years. The government, private enterprises and the public are responsible for generating grove city outlet these savings.
High savings rate in China has been suggested to be a result of factors such as the relaxed growth of domestic income, inadequate domestic demand, the absence of social security. A lack of investment channels is another major factor. In recent years, the Chinese population has gradually expanded their investment channels through grove city outlet entering into foreign markets, including property investments in Australia. It was detailed that Chinese investors spent approximately AUD$6 billion in Australia s real estate market in 2013. Another of China s investments is in South Africa s geology and mineral resources, peaking at USD$4.8 billion in 2008.
There grove city outlet is no doubt that with such high savings existing, the abundant Chinese grove city outlet investors are ready to invest in profitable new projects. Hence, the prospect grove city outlet of China investing in U.S. infrastructure is extremely probable. TRANSFERRING WEIGHTS BENEFIT BOTH
The imbalance in the infrastructure grove city outlet quality between the world s two largest economies has been increasingly obvious. According to data from McKinsey, the Chinese has been spending 8.5% of their GDP on infrastructure developments since the start of their infrastructure boom in the late 1990s, a number that dwarfs the US infrastructure grove city outlet investments (2.6% of GDP). With this overabundance, one of the possible solutions to fund the US s $8 trillion infrastructure improvements project by 2030 is to turn to their Asian counterpart for help.
The Chinese government could provide capital funding either directly or indirectly. It has directly provided funding in the past, namely when it established the China-Pakistan Economic Corridor, using strategies like build-operate-transfer (BoT) and private-public-partnerships (PPP) to fund various investment projects in Pakistan. In terms of indirect assistance, China could develop grove city outlet an equivalent of the recently proposed $50 billion Chinese investment project in the Asian Infrastructure Investment grove city outlet Bank.
Capital grove city outlet could also be retrieved from wealthy Chinese institutions