You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #61: Minister: China wants to invest in US roads, rails [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Latest Breaking News Donate to DU
xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-02-11 09:30 AM
Response to Reply #26
61. Minister: China wants to invest in US roads, rails
http://hosted.ap.org/dynamic/stories/A/AS_CHINA_US_INVE...

BEIJING (AP) -- China wants to convert some of its mountain of U.S. government debt into investment in renovating American roads and subways, the commerce minister said Friday.

Speaking to a business group, Chen Deming said China wants closer cooperation with the United States in infrastructure, clean energy and technology.

Such investments would tie China more closely to Western economies and might help defuse fears Beijing will use its $3.2 trillion in foreign reserves - some $1.15 trillion of that in Treasury and other U.S. government debt - as a political weapon.

"We hope to achieve cooperation in the area of infrastructure," Chen told members of the American Chamber of Commerce in China.
Printer Friendly | Permalink | Reply | Top
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC