Is China the Answer to LA's Transportation Funding Woes?

With L.A. Mayor Antonio Villaraigosa's 'America Fast Forward' plan to fund 30 years of transportation improvements in 10 years going nowhere fast in Congress, Joel Epstein asks if the Mayor might be lining up our country's creditor-in-chief.

1 minute read

January 25, 2012, 10:00 AM PST

By Jonathan Nettler @nettsj


Epstein considers a recent report in the Los Angeles Times of a trip by Villaraigosa to China for "preliminary" meetings with the China Investment Corp. to discuss "alternative investment opportunities", and his own writing from 2010, to explore the possibility of outside investment in LA's effort to expand its transit network.

According to Epstein, the precedent for the Chinese to make such an investment has already been made in Argerntina, Asia, and Europe. California High Speed Rail Authority, I hope you're reading this too.

"There is a larger picture here: With public funds in very short supply, many transit agencies and advocates in recent years have touted the benefits of public-private partnerships in which private capital is used to help build or operate transit. Of course, that private money usually gets something in return, whether it be operating revenues or construction contracts likely to yield a return in investment."

Tuesday, January 24, 2012 in The Source

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Use Code 25for25 at checkout for 25% off an annual plan!

Redlining map of Oakland and Berkeley.

Rethinking Redlining

For decades we have blamed 100-year-old maps for the patterns of spatial racial inequity that persist in American cities today. An esteemed researcher says: we’ve got it all wrong.

May 15, 2025 - Alan Mallach

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

May 14, 2025 - Diana Ionescu

Rendering of California High-Speed Rail station with bullet train.

California High-Speed Rail's Plan to Right Itself

The railroad's new CEO thinks he can get the project back on track. The stars will need to align this summer.

May 19, 2025 - Benjamin Schneider

"Units for sale - contact your local realtor" sign in front of homes.

‘Displaced By Design:’ Report Spotlights Gentrification in Black Neighborhoods

A new report finds that roughly 15 percent of U.S. neighborhoods have been impacted by housing cost increases and displacement.

2 hours ago - Next City

Turquoise blue Pyramid Lake near Reno, Nevada.

Nevada and Utah Groups Oppose Public Land Sell-Off Plan

A set of last-minute amendments to the budget reconciliation bill open up over half a million acres of federally managed land to sales.

3 hours ago - Inside Climate News

Alpine Recreation Center sign in park in Chinatown, Los Angeles, CA.

More Than a Park: A Safe Haven for Generations in LA’s Chinatown

Alpine Recreation Center serves as a vital cultural and community hub in Los Angeles' Chinatown, offering a safe, welcoming space for generations of Chinese American residents to gather, connect, and thrive amidst rapid urban change.

4 hours ago - American Community Media

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.

Planning for Universal Design

Learn the tools for implementing Universal Design in planning regulations.