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  • CA: China may pave way for imports (Foreign investors show interest transportation projects)

    01/28/2006 1:48:30 PM PST · by calcowgirl · 16 replies · 263+ views
    The Press-Enterprise ^ | January 27, 2006 | PAUL HERRERA
    China may pave way for imports PORTS: Foreign investors show interest in Southern California transportation projects. In a twist, foreign funds may be arriving to help build the roads and rails of Southern California. With congestion in Southern California and the Inland Empire threatening to slow the pace of imported goods, transportation officials are looking to draw overseas investment to help pay for improvements to the region's transportation network. China, in particular, may be a willing source. The fast-growing Asian nation, whose exports through the ports of Long Beach and Los Angeles have grown by 20 percent in four of...