Sunday, June 26, 2011

Chinese are Coming, Chinese are Coming: Sid Harth

Up-to-the minute financial market links
Past week


China Rebuilds San Francisco-Oakland Bay Bridge, Pledges More Support for European Debt, Fuels Latin-America Debt Rally by Financing Ecuador Budget

From: Mish's Global Economic Trend Analysis
China has its fingers in nearly every aspect of global financing as the following articles show.
San Francisco-Oakland Bay Bridge Now Made in China
The New York Times reports Bridge Comes to San Francisco With a Made-in-China Label
At left: The San Francisco-Oakland Bay Bridge. The replacement eastern span is on the right, with the city of San Francisco beyond. Photo by Jim Wilson/The New York TimesSHANGHAI — Talk about outsourcing.
Next month, the last four of more than two dozen giant steel modules — each with a roadbed segment about half the size of a football field — will be loaded onto a huge ship and transported 6,500 miles to Oakland. There, they will be assembled to fit into the eastern span of the new Bay Bridge.
The project is part of China’s continual move up the global economic value chain — from cheap toys to Apple iPads to
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