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Minister: China Wants to Invest in U.S. Roads, Rails
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Minister: China Wants to Invest in U.S. Roads, Rails
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
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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"WHEN THE POWER OF LOVE OVERCOMES THE LOVE OF POWER, THE WORLD WILL KNOW PEACE"
lexie- Elite Member
- Posts : 1812
Join date : 2011-06-24
Re: Minister: China Wants to Invest in U.S. Roads, Rails
Ya, right! Just like they opened their markets to us. If they want clean energy, they need to start at home!
OKie_GEM
OKie_GEM
OKie_GEM- Forum Friend
- Posts : 117
Join date : 2011-06-18
Terbo56- VIP Member
- Posts : 13675
Join date : 2011-06-18
Age : 67
Location : Central Florida-
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