Infrastructure ideal for Sino-US cooperation
US President Donald Trump and Congressional Democratic leaders recently agreed to work out an infrastructure package worth $2 trillion. This came after Trump announced a $1.5 trillion infrastructure investment planthe largest US infrastructure expansion and modernization plan since the 1950s - in the National Security Strategy report issued in December 2017.
Over the past 30 years, China has gained rich experience in infrastructure, from capability, standards and implementation to management and innovative technologies. And since in today's world of "competitive cooperation", China-US relations are shaping the world, their cooperation in infrastructure development would benefit not only China and the United States, but also the rest of the world.
To pursue infrastructure cooperation and further integrate the two economies, however, the two sides have to first conclude the Bilateral Investment Treaty negotiations.
