In 2011 Chinese banks loaned Mukesh Ambani’s Reliance Mobile $3bn with the condition that it uses Chinese telecoms and energy firms.
This month Chinese banks loaned Anil Ambani’s Reliance Communications $1.2bn with the condition that it uses Chinese telecoms equipment suppliers.
Both parties see these as win-win deals. Indian firms getting loans at lower interest than from local or other banks and China getting more buyers for its technology suppliers.
In November 2011, a consortium of banks including some Chinese banks loaned Duke Energy $6bn to buy the largest US electricity utility. Again, part of the deal was joint development with Chinese firms of eco cities and solar technology. Then the Three Gorges Corp acquired Portugal government’s stake in utility EDP.
http://online.wsj.com/article/SB10001424052970203802204577067013608051698.html
From the Chinese pov, not only are they supporting Chinese industries, but they are diversifying from US bonds into ‘bricks and mortor’ assets.
http://www.vancouversun.com/story_print.html?id=5905203&sponsor=
CHINDIA ALERT: You'll be living in their world, very soon 