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 Minister: China Wants to Invest in U.S. Roads, Rails

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lexie
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PostSubject: Minister: China Wants to Invest in U.S. Roads, Rails   Fri Dec 02, 2011 11:31 am

December 02, 2011

Minister: China Wants to Invest in U.S. Roads, Rails

BEIJING -- China's commerce minister says his government wants to convert some of its huge holdings of U.S. government debt into investment in American roads and railways.

Chen Deming told a business group Friday his government wants to expand commercial and investment cooperation with the United States in infrastructure, clean energy and and technology industries.

Chen cited infrastructure in particular, saying he was very impressed with U.S. subways and roads when he visited the country 20 years ago but systems in many cities need to be renovated.

He said China was willing to turn debt holdings into investments, "hoping to create jobs for the United States."



Read more: http://www.foxnews.com/world/2011/12/02/minister-china-wants-to-invest-in-us-roads-rails/#ixzz1fOahEUAg


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OKie_GEM
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PostSubject: Re: Minister: China Wants to Invest in U.S. Roads, Rails   Fri Dec 02, 2011 11:35 am

Ya, right! Just like they opened their markets to us. If they want clean energy, they need to start at home!

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Terbo56
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PostSubject: Re: Minister: China Wants to Invest in U.S. Roads, Rails   Fri Dec 02, 2011 11:35 am

Bingo! Terbo
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