Look To India For Returns, Not China’s Belt-And-Road, Funds Say


As the Chinese initiative is primarily for Beijing to exert its influence over the region, investors are not seeing much possibility of financial returns.

Some of Asia’s biggest infrastructure investors are seeing plenty of opportunities in India. In China’s mammoth Belt-and-Road initiative, however, not so much.

India is a key market for Macquarie Group thanks to strong economic growth and state asset sales, said Frank Kwok, co-head of Asia Pacific at Macquarie Infrastructure & Real Assets. Hence its recent purchase of nine toll-roads with charges indexed to inflation.

China’s Belt-and-Road, however is more driven by geopolitics than investment returns, he said at the Bloomberg Invest Australia summit in Sydney on Wednesday.

“It’s very much a China-led initiative, but really it’s about the entire region,” said Kwok. “But because one of the main drivers is that it’s for China to exert its influence over the region, financial returns are probably not the top priority.” Read More…

You may also read!

Baramulla declared first terrorist free district in J&K

Baramulla, located in the north of Jammu and Kashmir on Wednesday became the first district in the state to

Read More...

Jammu and Kashmir: Pakistan Army lobs mortars at forward posts in Rajouri district

The Pakistan Army Thursday targeted forward posts and civilian areas along the LoC in Jammu and Kashmir’s Rajouri district

Read More...

India regulator SEBI has no “view” on relaxing norms for Jet bailout

India’s capital markets regulator said on Wednesday it had not expressed an opinion on giving any relaxation to cash-strapped

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu