Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

China State Construction nets $100 million US subway deal
AsiaLynx.com (ChinaDaily.com) ^ | 11/23/2009 | Liu Yiyu

Posted on 11/23/2009 6:34:43 PM PST by Mr. Jeeves

China State Construction Engineering Corp, the largest contractor in China, has bagged a subway ventilation project worth about $100 million in New York’s Manhattan area, marking the construction giant’s third order in the United States’ infrastructure space this year.

The contract was given to China Construction American Co, a subsidiary, the Wall Street Journal quoted a source as saying.

“The new project, along with the $410-million Hamilton Bridge project and a $1.7-billion entertainment project it won earlier this year, signals China State Construction’s ambition to tap the American construction market,” said Li Zhirui, an industry analyst at First Capital Securities.

Li, however, said the order came as no surprise as the US government is spending massively on infrastructure projects.

The three orders only account for about 4 percent of the value of its total orders this year, Li added.

In the first three quarters of this year, the Chinese construction giant signed more than $2 billion worth of contracts in the US market. China State Construction was also the contractor for a high school, a railway station and the Chinese embassy in the US.

(Excerpt) Read more at asialynx.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: china; construction; newyork; outsourcing
Navigation: use the links below to view more comments.
first 1-2021-26 next last
Well, at least some of Obi from Nairobi's Grand Stimulus Experiment is ending up in the hands of people who believe in capitalism. :)
1 posted on 11/23/2009 6:34:44 PM PST by Mr. Jeeves
[ Post Reply | Private Reply | View Replies]

To: Mr. Jeeves

Doesn’t mention whose labor they’re going to use. I’d think the unions would be all bent out of shape about this.


2 posted on 11/23/2009 6:37:47 PM PST by FlyVet
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mr. Jeeves

Verrrrry interesting.

The Chinese have learned how to put together winning proposals one way or another.

I’ve seen some of their work in Africa. Not too shabby.


3 posted on 11/23/2009 6:39:51 PM PST by Eagle Eye (3%)
[ Post Reply | Private Reply | To 1 | View Replies]

To: FlyVet

Oh, it’ll be union, all right.

At the highest pay.


4 posted on 11/23/2009 6:40:55 PM PST by digger48
[ Post Reply | Private Reply | To 2 | View Replies]

To: Mr. Jeeves
Well, I hope that the taxpayers will feel happy about the Chinese construction — remember this is the country that has uniquely bad construction:

A new building collapses in Shanghai this year

By the by, I understand some 250,000 tons of Chinese drywall installed in American homes is now sickening the homeowners and corroding metal in those homes constructed with it: Chinese Drywall Linked to Corrosion

5 posted on 11/23/2009 6:48:53 PM PST by snowsislander
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mr. Jeeves

Sounds like some kind of pay off to me.


6 posted on 11/23/2009 6:55:50 PM PST by smokingfrog (I'm from TEXAS -- what country are YOU from?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: snowsislander

But it’s getting better.

Reary!


7 posted on 11/23/2009 7:10:28 PM PST by ROTB ("By any means necessary" is evil. See what God thinks of "rising oceans" in Jeremiah 5:22)
[ Post Reply | Private Reply | To 5 | View Replies]

To: ROTB

OK...the jobs are those “shovel-ready” Nobama tauted. Perhaps unfortunately they are chinese shovels. Have a great Thanksgiving.


8 posted on 11/23/2009 7:14:11 PM PST by hal ogen
[ Post Reply | Private Reply | To 7 | View Replies]

To: ROTB
OK...the jobs are those “shovel-ready” Nobama tauted. Perhaps unfortunately they are chinese shovels. Have a great Thanksgiving.
9 posted on 11/23/2009 7:14:39 PM PST by hal ogen
[ Post Reply | Private Reply | To 7 | View Replies]

To: Mr. Jeeves

Are we tapping the Chinese construction market?


10 posted on 11/23/2009 7:17:51 PM PST by ROTB ("By any means necessary" is evil. See what God thinks of "rising oceans" in Jeremiah 5:22)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mr. Jeeves
Obama's fault.

I'd be willing to bet dollars to donuts that the Chinese have some sort of demolition charges to be placed at strategic points in the subway, so that when (not if) they decide to attack US strategic interests (Taiwan, Hawaii, or Japan/Australia) they can detonate those charges and distract and/or cripple us.

People forget how batsh*t insane the Russkies were.

The Chinese are Communists, too.

NO cheers, unfortunately.

11 posted on 11/23/2009 7:27:00 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mr. Jeeves; Jeff Head; milwguy; AmericanDream; Shellybenoit; sadsacke; Ruby Slippers
*THIS* is how Obama is going to pay back the Chicoms for the US bonds.

They get the shovel-ready jobs, as they have the requisite unskilled labor force.

And there's historical precedent -- recall the Transcontinental Railroad?

Sorry, Mexico. Your illegal aliens will have to wait...

Cheers!

12 posted on 11/23/2009 7:31:53 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: smokingfrog
You sound foolish, both jobs are public bids. They beat serious competition, Kiewit, Perini, Slattery and DeFoe...now they have to build them, and they don't have a seasoned team.
13 posted on 11/23/2009 7:54:36 PM PST by Rumplemeyer
[ Post Reply | Private Reply | To 6 | View Replies]

To: grey_whiskers

You have been watching too many action movies, get a grip, you sound foolish.


14 posted on 11/23/2009 7:58:40 PM PST by Rumplemeyer
[ Post Reply | Private Reply | To 11 | View Replies]

To: Mr. Jeeves

Great. Chinese construction.


15 posted on 11/23/2009 8:02:25 PM PST by VeniVidiVici (Keep your dog. Get rid of a Liberal.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Rumplemeyer
With a U-6 unemployment rate in the US of 17%, and that concentrated in the building/construction trades, *I'm* not the one who sounds foolish.

Remember the construction is in *our* country, not theirs.

Cheers!

16 posted on 11/23/2009 8:08:27 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Rumplemeyer
The contract was given to China Construction American Co.

Then the article is thin on details, since it doesn't say anything about the bidding process. It sure doesn't make sense to me that we are giving these jobs to a foreign company, when so many people are out of work. What if they weren't financing so much of our debt?

17 posted on 11/23/2009 8:09:31 PM PST by smokingfrog (I'm from TEXAS -- what country are YOU from?)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Mr. Jeeves

More TARP money going to China.


18 posted on 11/23/2009 8:26:12 PM PST by oldbill
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mr. Jeeves

They did a lot of work on the transcontinental railroad too. It will be all right.


19 posted on 11/23/2009 9:16:38 PM PST by wideminded
[ Post Reply | Private Reply | To 1 | View Replies]

To: smokingfrog
It is all based on the lowest bid, they meet the qualifications, have a clean Vendex, have a Bid Bond and Performance Bond and hire American labor from the New York area, what is not fair.
20 posted on 11/26/2009 7:01:53 AM PST by Rumplemeyer
[ Post Reply | Private Reply | To 17 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-26 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson