No, you’re wrong. China wants constant high GDP growth. The CCP understands that Marxism is a failure, they just the rhetoric to justify their insane actions. China’s HSR system is illogical no matter which way you try to spin it. There are a lot of systems that don’t operate on a profit, in fact most don’t, however, no system is unsustainable as China’s HSR system. It is a very new system in a very populated country, yet it has already racked up over $900 billion in debt. To put things in perspective, Germany’s whole rail system (includes slow trains, fast trains, and freight) is about $20 billion in debt. If Germany were to have a train system as big as China’s (150k km vs 40k km for Germany), Germany’s debt for it’s rail system would be around $74 billion. China has racked up $900 billion just for HRS alone. That’s like economy crushing levels of unsustianable.
No, you’re wrong. China wants constant high GDP growth. The CCP understands that Marxism is a failure, they just the rhetoric to justify their insane actions. China’s HSR system is illogical no matter which way you try to spin it. There are a lot of systems that don’t operate on a profit, in fact most don’t, however, no system is unsustainable as China’s HSR system. It is a very new system in a very populated country, yet it has already racked up over $900 billion in debt. To put things in perspective, Germany’s whole rail system (includes slow trains, fast trains, and freight) is about $20 billion in debt. If Germany were to have a train system as big as China’s (150k km vs 40k km for Germany), Germany’s debt for it’s rail system would be around $74 billion. China has racked up $900 billion just for HRS alone. That’s like economy crushing levels of unsustianable.