TAIPEI ( TheStreet) -- China's booming capital city announced in August it would open 126 construction projects to foreign bidders, a rarity for a country that often barricades offshore companies from its ever-thriving infrastructure sector for nationalistic reasons.Beijing is known for taking a more progressive approach to business than the rest of China. But if its 338 billion yuan ($55.48 billion) endeavor goes off without national security hitches or backlash from Chinese contractors, other local governments may follow, especially as the country puts the accent on construction quality over quantity during its Five-Year Plan through 2015. Chinese officials know the foreign guys do quality work.
Foreign Builders Could Get a Chance in China
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