加州：中国对美投资门户

    所有这些会吓跑很多投资人，但可能吓不走中国人，因为他们素来都不怎么惧怕风险。因此，很多人或许就将加州视为价值被低估的投资品种，就像很多人看待为债务所困的希腊一样。而且，在2008年以前，中国向美国的投资非常少。金融危机后几年，蔓延全球的金融危机令中国公司更加坚信不能再依赖出口或本土市场实现业务增长，对美国的投资激增。2000年至2007年，中国向加州年均投资不到2,500万美元，2011年猛增至创纪录的5.60亿美元。

    荣大聂和韩其洛呼吁加州人积极吸引中国投资。但做起来可能没那么容易，因为它取决于加州人如何领会华盛顿立法者的调子。本周早些时候，美国国会的一份报告警告称，中国最大的两家电信设备公司华为（Huawei）和中兴通讯（ZTE）向美国国内市场的潜在扩张威胁到了美国国家安全。就在这份报告发布前几天，美国总统奥巴马罕见地否决了俄勒冈州一个中资风电场项目，理由是出于国家安全的考虑。即便中国投资者打算在加州进行更多投资，加州人似乎也不一定愿意同中国人做更多的生意。

    All that might scare off any investor, but perhaps not the Chinese, who haven't exactly been known for their aversion to risk. And so some may just see California as an undervalued investment, just as some have viewed debt-troubled Greece. Also, Chinese investments into the U.S. were miniscule prior to 2008. In the years following the financial crisis, investment surged as financial turmoil across the globe reinforced to Chinese firms that they couldn't just continue relying on exports or markets at home to grow their business. Whereas investments from China to California between 2000 to 2007 averaged less than $25 million a year, Chinese firms in 2011 invested a record $560 million.

    Rosen and Hanemann have called on Californians to actively lure Chinese investment. That may be easier said than done, though, depending on how Californians digest the tone Washington lawmakers have been setting. Earlier this week, a congressional report warned that the potential expansion of two of China's largest telecom firms -- Huawei and ZTE -- into the U.S. market threatened U.S. national security. Just a few days before the report was issued, President Obama, in a rare move, blocked a Chinese-owned wind farm project in Oregon, citing national security concerns. Even if Chinese investors may want to invest more in California, it's not necessarily guaranteed that Californians want to do more business with the Chinese.