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)...
Starbucks recently announced that it's looking to sell part of its stake in its China operations, and is looking for a domestic partner to help boost the company's profile. This comes at a time when a host of foreign firms are seemingly struggling in China after years of riding the wave of the rising middle class. What are the main factors leading to these struggles? What are these brands missing? And what can they do to reverse their fortunes? Chapters (00:00) Introduction - The Starb...
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)...