"Paper Pipeline" an article by Craig Medred

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A decision by the U.S. government to block the $1.2 billion Chinese purchase of MoneyGram might have concerned those hoping for a far bigger pile of Bejing cash to finance construction of an Alaska natural gas pipeline, but an authority on Asian investment doubts there will be any need for the Committee on Foreign Investment in the U.S. (CFIUS) to confront the financing of the 49th state’s long-awaited pipe dream.

Unfortunately, that’s because economist Derek Scissors is of the belief that a Chinese offer of willingness to consider a $44 billion investment in Alaska is just so much gas. Scissors is a resident scholar at the American Enterprise Institute, the chief economist of the China Beige Book, and the author of the China Global Investment Tracker.

“I seriously doubt the investment occurs at anything like the scale advertised,” he emailed in response to questions from craigmedred.news on Friday.

"Paper Pipeline" an article by Craig Medred
Rick Rydell

Rick Rydell

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