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> All they got were 300% gdp/debt ratio and badly constructed roads/buildings. This is too hyperbolic. They got airports and a large network of trains and hig
by jhedwards 11y ago
> All they got were 300% gdp/debt ratio and badly constructed roads/buildings.
This is too hyperbolic. They got airports and a large network of trains and high-speed trains. They also got the internet, electricity and smart phones all of which are still relatively new to China. The impression I got when I lived there was that the past decade has been all about developing infrastructure. Now there is a young generation growing up with more education, more technology and more opportunity than ever. China is a huge, complex country early in its development and it is hard to generalize about it.