China’s New Bridges: Rising High, but Buried in Debt

krishna · 06-11-2017, 10:22 AM · 1 person reading this discussion

#1
CHISHI, China — Soaring over a lush valley in southern China, the Chishi Bridge is a 1.4-mile-long marvel of concrete and steel. Four piers, like graceful tuning forks as tall as skyscrapers, secure cables suspending a four-lane expressway 610 feet above fields of corn and rice.

Squinting up from a dirt road below, Gu Tianyong, a 66-year-old farmer, pondered the colossus, which is a shortcut linking southwestern China with the east coast.

“The government wouldn’t have built it if it was useless,” he said. “It does nothing for me, but must be useful for the country.”

The Chishi Bridge is one of hundreds of dazzling bridges erected across the country in recent years. Chinese officials celebrate them as proof that they can roll out infrastructure bigger, better and higher than any other country can. China now boasts the world’s highest bridge, the longest bridge, the highest rail trestle and a host of other superlatives, often besting its own efforts.

#3
easy solution.  make america pay their bills and transfer some

or direct all the tourism over the bridge and charge dem fuh it

::LOL:: ::LOL:: ::LOL:: ::LOL:: ::LOL::

#4
China’s total debt is now about two and a half times the size of its economy. It takes almost a third of gross domestic product just to service it. Corporations are by far the biggest debtors, especially state-owned enterprises.

#5
let them all kallapse....

or the government can use their extreme indebtedness to control their boards..and so control the corps.

why is China using a libtard, capitalist debt based economy anyway ::confused::

and to whom all that debt is owned ::confused::

I hope it is not to the Zionists banks which for sure it is.  that is dangerous for it allows the Zionists to have say in the control of China.... to influence its polices inside and globally.

who am I kidding!  the Zionists central bankers have prolly already absorbed China into their global control game..long time now

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