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October 24, 2013
WASHINGTON, DC, October 24, 2013 — The U.S. Chamber of Commerce yesterday released a significant report, co-authored by Covington & Burling, assessing the opportunities for Chinese participation in the U.S. infrastructure sector. The other co-authors were the economic research and advisory firm The Rhodium Group and the strategic advisory firm Sphere Consulting. The report, “From International to Interstates: Assessing the Opportunity for Chinese Participation in U.S. Infrastructure,” was commissioned by the U.S. Chamber of Commerce and released at the conclusion of the fifth meeting of the U.S.-China CEO and Former Senior Officials’ Dialogue, a platform co-sponsored by the U.S. Chamber of Commerce and the China Center for International Economic Exchanges. The report concludes that there are significant but complex opportunities for Chinese parties to participate in U.S. infrastructure. It describes the legal, political, and commercial challenges to pursuing such opportunities and highlights strategies by which parties have successfully addressed them. Among other approaches, the report suggests that Chinese parties understand the U.S. regulatory landscape and national security interests, invest in U.S. operations, develop relationships with U.S. stakeholders, and craft a comprehensive strategy to manage risk. Covington co-authors of the report were David Fagan, W. Andrew Jack, William Massey, Jennifer Plitsch, Daniel Levine, Jonathan Wakely, and Scott Livingston.