Posted on 05/23/2019 4:50:23 AM PDT by sodpoodle
Hope this works. Overwhelming construction - must have taken millions of workers.
This is why the fake news media spout off about how Red China’s economy is rolling along. With the building of these highways very few will use to the millions of millions of housing units they built the last decades (entire cities) the fake news drumbeat of that RED China’s economy is booming.
It isnt, its all fake..like the news media. Nobody lives in those cities, and these roadways are built to connect to those “ghost” cities.
One of the main measurments of any countries GDP is the amount of building that goes on within it.
LOL, I always loved the great story of Milton Friedman’s encounter with the Chinese many decades ago, when he was allowed to visit Communist China and saw them working large projects with basically coolies with shovels.
When he asked why they had laborers with shovels instead of earth moving machinery, he was told it was to provide jobs.
He asked why, if that were the case, didn’t they give them tablespoons to dig with and create even more jobs!
What a grand man...I love the videos on him!
Actually, the Pearl River Delta Region where the housing units in question were built grew to a population of 68 million in very short order. If the region was a country, it would rank 13 by GDP . Forbes
Yes, maybe. But all of those spans of bridges make for easy targets to bomb. Take out one pillar and a whole span will likely collapse. But yes, while they are up, they are good for rapid military road transport.
Just think, this would not have been possible without he swamp sending our jobs overseas so we can buy everything China makes and sell it at Walmart and Amazon. Such a huge sell out to the American (and western European) citizens just so millionaires can become powerful billionaires and thwart elections of countries.
Just FYI, Shanghai has 2 Ferrari dealerships, because one isn’t enough...
China has entire cities that are empty. The build it for the helll of it.
Ancient Chinese Sakrete
I visited Hong Kong a couple of years back. Took a day trip to Shenzhen and Canton. China had limited the number of cars to each town to 1 million(no room for anymore). On road from Shenzhen to Canton every small village on the road was constructing several high rises. High speed rail will take you everywhere.
China has it happening. Much of the money comes from unfair competition with rest of world. They have gone from 1880 to 2000 in 20 years.
A propagandist led the tour. Repeated several times the government knew it had to raise standard of living every year or they would be in big trouble.
Brought to you by Walmart shoppers
There are new, modern Pharma manufacturing plants -both small & large molecule- waiting to fulfill contract manufacturing needs.
If workers are unhappy or can get more at another company, they quit, en masse and move to another plant. There are not enough skilled workers to go around.
I don’t know what percentage of the population owns a car, but I was there 15 years ago and there were automobiles all over the place. At the very least, I’d say car ownership, if not typical, is certainly not unusual.
And in most of the US, we don’t so much have “freeways” either.
I wonder if they build their bridges like they build the apartment buildings.
Hopefully the construction quality controls are better than the fasteners and machined parts that they make.
They leave a lot to be desired.
Looks flimsy and ripe to collapse.
There are a TON of cars in China, traffic in places like Beijing, Ningbo and Chengdu is insane.
And I am talking about private vehicles, not cabs and buses.
And yes, Asian driving stereotypes are real.
“They are building this infrastructure, not because they need it, but to keep people employed.”
Government spending, Consumption, and Investment (GCI), are the main contributors to GDP. China has kept its GDP growth rate high, with an unusually high percentage of Investment.
A lot of that “Investment”, has actually been malinvestment - money spent on projects that will never be worth what they paid, and/or will never pay back their loans and bonds.
They are doomed.
Sadly, China is spending more on infrastructure then America. AND, using our money.
We COULD do that, but we have to deal with SanFran Nan, sChmuckie Schumer and countless crooked union bosses. China doesn't.
“A lot of that “Investment”, has actually been malinvestment - money spent on projects that will never be worth what they paid, and/or will never pay back their loans and bonds.
They are doomed.”
I agree with you.
In the financial world fund managers and analysts talk about how much “control” the Chinese government has over how things work AS IF THAT IS A GOOD THING.
It’s not.
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