>Democracy is not perfect but I am sure CCP is much worse.
This is Debate-able. If it's worse, it's not that much worse.
>I don't know how good you know about Chinese government. But I think you made a mistake about the purpose of the investment and building by Chinese gov. The rail network is not "for the public good", at least it's not the major reason. It's for keeping GDP growth rate looks as high as possible otherwise no one/country can buy the over-produced industrial products like concrete and steels after subprime mortgage crisis.
Isn't improving GDP a public good? What's better in your opinion? Bailing out a bank and letting the execs go on a vacation or building rail infrastructure?
But I get what you're saying. I would say for public rails it's both GDP and helping people move across the country. Cities with rail are way more efficient than cities without.
The increasing of that GDP was just the number. The Chinese national bank just produced more money and pay them to the building company. It's inflation. People cannot got much good from it.
This is Debate-able. If it's worse, it's not that much worse.
>I don't know how good you know about Chinese government. But I think you made a mistake about the purpose of the investment and building by Chinese gov. The rail network is not "for the public good", at least it's not the major reason. It's for keeping GDP growth rate looks as high as possible otherwise no one/country can buy the over-produced industrial products like concrete and steels after subprime mortgage crisis.
Isn't improving GDP a public good? What's better in your opinion? Bailing out a bank and letting the execs go on a vacation or building rail infrastructure?
But I get what you're saying. I would say for public rails it's both GDP and helping people move across the country. Cities with rail are way more efficient than cities without.