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)...
When we talk about the making of modern China, no name looms larger than Deng Xiaoping. But despite the heavy media bias and weighty political legacy China's architect carries, he did not build modern China alone. In fact, he cannot claim sole responsibility for coming up with the most iconic ideas that shaped China's future, like Special economic zones and new systems of economics. Some of the credit belongs to a much less well known figure: Zhao Ziyang. Removed from power after clashing wit...
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)...
