3 ms·
One theory is that China spends heavily now to build up the infrastructure while the labor cost is cheap. Once labor cost has reached certain level, these kind
by ww520 10y ago
One theory is that China spends heavily now to build up the infrastructure while the labor cost is cheap. Once labor cost has reached certain level, these kinds of projects will be prohibitively expensive, just like in Japan or in U.S.
- mrep 10y agoThat makes sense. Seattle is spending 54 billion dollars over the next 25 years for a mere 62 miles of light rail.
- fapjacks 10y agoIt makes sense, but I also wonder how much they're really saving by building the infrastructure now and then having to maintain it. One of the greatest lessons SimCity teaches about infrastructure is that you've got to pump a minimum amount of money into the transportation department for your roads -- with very little wiggle room -- or everything seizes up and goes to shit. Even not being used, that stuff costs money, and I can't imagine that a half-trillion-dollar rail project won't need a ton of maintenance. I guess the rights-of-way issues would be much easier to sort out now rather than later, too.