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)...
In 2020, Donald Trump made a speech where he announced plans to decouple the US' economy from China's, leading to a media outburst and a half-hearted response from the EU. 4 years later, Trump is back in power and the question of decoupling is back on the table, but the real question here is: is decoupling even possible?In part 1 (of 2? 3?) we take a look at the primary sector of the global economy to see just what decoupling would actually take and how much of a stake China has the in the ex...
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)...
