News Hyip

Gary Locke, the new US ambassador to China, has said that Beijing's investments in the US are safe despite recent debt problems. n his first public appearance since arriving in China, Mr Locke also called for greater cooperation between the two nations. China is the biggest holder of US debt and has criticised the way the recent crisis has been handled. It warned the problems threaten to destabilise the global economy. Mr Locke looked to reassure China and said that the US was tackling the spiralling debt levels that saw it lose its triple-A credit rating for the first time. "The president and Congress have joined on a path ensuring fiscal integrity of the United States of America," Mr Locke said. "Over the last several days more people are buying US Treasuries and that's a clear indication that investment in the US is safe and secure and that the economy, while having its challenges, is still strong."Talking about his new role in China, Mr Locke said he ...

China has opened the world’s longest cross-sea bridge - which stretches five miles further than the distance between Dover and Calais. The Jiaozhou Bay bridge is 26 miles (42 kilometers) long and links China's eastern port city of Qingdao to the island of Huangdao. State-run CCTV says the 110-foot (35-meter)-wide bridge is the longest of its kind and cost more than 10 billion yuan ($1.5 billion). "Bunch of wannabes,'' Causeway General Manager Carlton Dufrechou said. The $2.3 billion Jiaozhou Bay bridge in the east China city of Qingdao opened to vehicles Thursday and measures 26 miles, a little more than two miles longer than the Causeway, which checks in at nearly 24 miles. An Associated Press story touts the Jiaozhou Bridge as the new world's longest bridge over open water. So does the Guinness Book of World Records (which now relegates the Causeway to No. 2) and the oft-used- but-sometimes-not-totally-accurate Wikipedia website. The bridge...