I would have to agree with that. As a practitioner and not an economist, I'm a bit cynical. If you looked at it from the perspective of all of these minority shareholders jumping in, 60 of them that are not going to have any power unless they vote en bloc against the dominant shareholder, China, the main reason they're doing it is that the nationals of the minority shareholders are terrified that if the country isn't in, they're not going to get an opportunity to win bids to do those projects. I'm thinking of engineers and construction companies. I'm thinking of international construction companies like Aecon, which was just bought by a Chinese entity, supposedly private but actually a state-controlled entity. I'm thinking of SNC-Lavalin, a world-class engineering firm that has run into its own problems with corruption. Those are the reasons, I think. There were negative inducements, such that if you weren't in, your nationals weren't going to get the business.
On November 7th, 2017. See this statement in context.