Economy - Shanghai's new artery to prosperity

The new Donghai bridgbe under construction that will connect Shanghai with its new deepsea container port - yesterday in de Shanghai Daily. The 31-kilometer long bridge will lead to the Yangshan Islands and is part of a 14.3 billion Renminbi (= US$ 1.7 billion) first phase of a project that has stirred up already many discussions.
Foreign companies, eager to participate, were excluded from the first phase, because there was no time to get them included, according to the official explanation. The whole project itself has sparked off discussions, as the neigboring Ningbo has a natural deepsea port and would not need that hefty investments. But Shanghai wanted to have all for itself.
As a compensation Ningbo now gets its own bridge, spanning Hangzhou Bay, connecting it with the port it could not get. At least there will interesting competiton between the two ports.