4 ms·
That's the problem with state-driven investment. Most people are lazy and/or greedy, and given a known state-sponsored payday, have no incentive to deliver qual
by ethbro 6y ago
That's the problem with state-driven investment. Most people are lazy and/or greedy, and given a known state-sponsored payday, have no incentive to deliver quality.
So even if the Chinese state may want the projects to go well, the conduit by which the projects are funded and managed doesn't have much more than shame and prison as sticks, and that's only for people who are caught.