He also likes Norwegian conglomerate Orkla Group and Brisa Auto-Estradas de Portugal, a toll-road operator.

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The sale, intended to create the world's biggest toll-road operator, is the latest in a string of takeovers that have been hampered by the apparent economic nationalism of some governments.

ECONOMIST: Business this week | The

Geng's company, operator of 250 kilometers of toll roads that link mainland dynamo Shanghai, Hangzhou and the booming port of Ningbo, recently reported a 30% profit increase last year.

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"Changes in the wider economy - including cuts by central and local government to things like concessionary fare reimbursement levels and the bus service operator's grant, have also taken their toll but despite this we do everything we can to keep fares as low as possible, " she added.

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