Today we'll be examining the argument of a prominent Chinese scholar that China has built too much High-Speed Railway that is underutilised, unprofitable, and will cause major economic problems in the future. We ask why the state-government would pursue such a misguided policy, and how it's beginning to affect the rest of the world too. Read Lu's original essay here: https://mp.weixin.qq.com/s/-iBh9BPpi7kl2BGhkGWHaw Chapters (00:00) Introduction - HSR and white elephants (05:00)...
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Today we'll be examining the argument of a prominent Chinese scholar that China has built too much High-Speed Railway that is underutilised, unprofitable, and will cause major economic problems in the future. We ask why the state-government would pursue such a misguided policy, and how it's beginning to affect the rest of the world too. Read Lu's original essay here: https://mp.weixin.qq.com/s/-iBh9BPpi7kl2BGhkGWHaw Chapters (00:00) Introduction - HSR and white elephants (05:00)...
Hangzhou is a city once famed for its poets, tea, and silk, but it’s now capturing attention for something entirely different: AI labs, robotics startups, and IPO-hungry tech firms. The rapid rise of innovative and globally competitive tech startups has led to Hangzhou being dubbed “China’s Silicon Valley.” But not everyone agrees that the comparison is so black and white. Chapters (00:00) Introduction - Hangzhou (02:15) Historical role of Hangzhou (03:28) A bit on Alibaba (09:45) How ...
Sinobabble
Today we'll be examining the argument of a prominent Chinese scholar that China has built too much High-Speed Railway that is underutilised, unprofitable, and will cause major economic problems in the future. We ask why the state-government would pursue such a misguided policy, and how it's beginning to affect the rest of the world too. Read Lu's original essay here: https://mp.weixin.qq.com/s/-iBh9BPpi7kl2BGhkGWHaw Chapters (00:00) Introduction - HSR and white elephants (05:00)...