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1. Daniel Blake (daniel_blake@mastodon.top)'s status on Monday, 24-Jun-2024 20:02:08 UTC Daniel Blake

   in reply to

   • ☆ Yσɠƚԋσʂ ☭

   @yogthos @djuuss https://hachyderm.io/@maugendre/112656461369759489

   • ☆ Yσɠƚԋσʂ ☭ (yogthos@mas.to)'s status on Monday, 24-Jun-2024 20:02:09 UTC ☆ Yσɠƚԋσʂ ☭

     @djuuss I think that's the key difference in mentality, Chinese system is focused on material development as opposed to profit.

     The government invests in these large infrastructure projects because they recognize that their inherent social value.

     I recall there was a whole slew of articles like this a decade a go ridiculing HSR projects because they were so costly. Nobody's laughing now.

     https://www.reuters.com/article/business/china-s-railway-boom-hurtles-into-the-red-idUSLNE75M045/