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China's Engineering Mega-Projects Dwarf the Great Wall

HughPickens.com writes: David Barboza has an interesting article in the NYT about China's engineering megaprojects. For example, there's the world's longest underwater tunnel, which will run twice the length of the one under the English Channel, and bore deep into one of Asia's active earthquake zones, creating a rail link between two northern port cities, Dalian and Yantai. Throughout China, equally ambitious projects with multibillion-dollar price tags are already underway. The world's largest bridge. The biggest airport. The longest gas pipeline. Such enormous infrastructure projects are a Chinese tradition. From the Great Wall to the Grand Canal and the Three Gorges Dam, this nation for centuries has used colossal public-works projects to showcase its engineering prowess and project its economic might.

In November, for example, the powerful National Development and Reform Commission approved plans to spend nearly $115 billion on 21 supersize infrastructure projects, including new airports and high-speed rail lines. "Clearly, China's cost advantages are going to shrink somewhat over the longer-term and prices for projects are only going to rise," says Victor Chuan Chen. "I think the government has done an admirable job in getting many of these projects off the ground while the economics were still very favorable." China is pushing the boundaries of infrastructure-building, with ever bolder proposals. The Dalian tunnel looks small compared with the latest idea to build an "international railway" that would link China to the United States by burrowing under the Bering Strait and creating a tunnel between Russia and Alaska.

But whether China really needs this much big infrastructure — or can even afford it — is a contentious issue. Some economists worry that China might eventually be mired in enormous debt (PDF) and many experts say such projects also exact a heavy toll on local communities and the environment, as builders displace people, clear forests, reroute rivers and erect dams. "It makes sense to accelerate infrastructure spending during a downturn, when capital and labor are underemployed," says David Dollar. But "if the growth rate is propped up through building unnecessary infrastructure, eventually there could be a sharp slowdown that reveals that the infrastructure was really not needed at all."

206 comments

  1. this is getting old by Anonymous Coward · · Score: 0, Funny

    Some economists worry that China might eventually be mired in enormous debt

    copycat

    1. Re:this is getting old by FatdogHaiku · · Score: 1

      Some economists worry that China might eventually be mired in enormous debt

      copycat

      Nothing Exceeds Like Excess!

      --
      You have the right to remain sentient. If you give up the right to remain sentient, you will be elected to public office
    2. Re:this is getting old by Flytrap · · Score: 5, Insightful

      Some economists worry that China might eventually be mired in enormous debt

      While any country can over stretch itself and find itself mired in unsustainable debt, it is hard not to roll one's eyes when one reads the report's really, really, really, remote scenarios for how China could get itself into such a situation. Given the current global geo-economic reality, spending as much time as the report does on the likelihood of this scenario coming to pass almost discredits the rest of what is actually a great report.

      Chinese foreign reserves are almost US$4 trillion (as at September 2014) - more than the combined total foreign reserves held by the next 7 largest holders of foreign reserves (i.e.Japan, Saudi Arabia, Switzerland, Taiwan, Russia, Brazil and Republic of Korea). The United States foreign reserves, by comparison, are a paltry US$134 billion

      At the other end of the scale, United States foreign debt stands at a staggering US$18 trillion - about US1 trillion of that borrowed from the Chinese - more than that of the United Kingdom and Germany combined.

      The report then nonchalantly skims over the distinction between the mega-, giga-, tera- projects around the world and lumps them together as if they all pose the same systemic risks to each respective economy. This may serve the purpose of highlighting the manic pace of development taking place in China, but the author's US corollary to China's mega airports, rail infrastructure, city expansion, ports, malls, urban housing (albeit many of which still lie empty), are what I would call vanity mega-projects, such as the Joint Strike Fighter aircraft program, the International Space Station, etc.

      If I were worried about a major global economy (and the US and China now the two largest economies in the world, by a long shot) "eventually being mired in enormous debt", it would be the one that is spending trillions of dollars on projects that cannot be used to further grow the country's economy in future. Spending billions on improving the county's economic efficiency (such as rail infrastructure, ports, airports, housing for migrant workers, renewable energy, manufacturing, education, etc.) cannot be equated to spending billions on improving the efficiency with which one can obliterate one's adversaries from the sky.

    3. Re:this is getting old by nedlohs · · Score: 1

      The US is already mired in enormous debt, and everyone knows that so it's hardly news. It's certainly irrelevant to the question of whether China is making bad infrastructure investments.

      Say the US goes bust tomorrow. And either renegs on all it's bonds or instantly prints virtual dollars to pay them of. What does China's foreign reserves look like then?

      And which do you think is more useful when the shit does hit the fan and the country is bankrupt. A big tunnel to transport the stuff you no longer have? Or weapons that make it easier to simply steal what you want from elsewhere?

    4. Re:this is getting old by quenda · · Score: 1

      Chinese foreign reserves are almost US$4 trillion

      That is irrelevant. Are you unaware of the Japanese economic disaster of the 1990s?
      Large foreign reserves did not save them from bad internal debts. And many think China is heading for much worse.

    5. Re:this is getting old by non0score · · Score: 1

      Except 1) the JSF is a piece of crap that underperforms relative to the older F-22 (yes, this is a specific example). 2) If the US renegs on its debts, you'll have bigger problems that what you're saying. It'd be the US vs the rest of the world, and I'm sure the US isn't going to win that one.

    6. Re:this is getting old by dk20 · · Score: 1

      What does inflation in the US look like in your situation?

      http://www.investopedia.com/te...

    7. Re:this is getting old by nedlohs · · Score: 1

      It should be obvious from the statement itself. Unless you think that would somehow improve China's reserves, but clearly you don't so why ask?

    8. Re:this is getting old by pupsocket · · Score: 1

      The United States military protects China's freedom to trade worldwide. It does not protect the economic interests of the people of the United States.

      U.S. Foreign debt is not like a bank loan. Regarding China, nearly all is held in the form of U.S. governments bonds specified in U.S. currency. The United States will always be able to pay off its dollar obligations and the only factors keeping it from doing so today are anti-inflation policy and trade policies, both of which at this point favor China more than the United States.

      The Romans regarded roadways as military structures. China is currently financing a bigger canal from the Pacific to the Atlantic and it would make sense that they would want reliable transoceanic roads to service their outlying colonies in North America.

      It's been a long time since the United States military was dedicated to the interests and the security of the U.S. It protects the gobal economy. Any government dominating the global economy gets to set the military agenda of the United States -- among the many ways it gets to influence the federal government.

      China does not have to worry about going broke in the process of establishing a worldwide empire. The colonies are there to finance their own colonialization.

  2. Infrastructure by Kaenneth · · Score: 4, Insightful

    It's easy for us in the US to decry China building massive projects, when we already have our transcontinental rail, interstate highways, panama canal, etc. which would require so much 'environmental review' today, (just look at the difficulty of building modern nuclear power plants.)

    1. Re:Infrastructure by Anonymous Coward · · Score: 1, Insightful

      Communism gets projects moving. In the U.S., everyone on the path of an infrastructure project will file a lawsuit to block it.

    2. Re:Infrastructure by phantomfive · · Score: 5, Insightful

      Communism gets projects moving. In the U.S., everyone on the path of an infrastructure project will file a lawsuit to block it.

      This has nothing to do with communism vs capitalism. The only reason it's hard in the US is because we've made the laws in a way that allow a lot of lawsuits. If you go back 50 or 100 years, it was a lot easier to push people of their land (and the government did so).

      --
      "First they came for the slanderers and i said nothing."
    3. Re:Infrastructure by Ravaldy · · Score: 4, Insightful

      Although true, I think the increase in civil rights does play a big role in this. Without rights to fight, lawsuits wouldn't be a common occurrence.

      Sometimes I find the fighting pointless and often the parties fighting are ignorant but in other cases it's the exact opposite. I think our justice system is still very immature and it will eventually evolve to better serve both sides (society as a whole and people as individuals).

      Call me naïve if you want but I have faith in human kind and our ability to redirect our efforts towards bettering our society.

    4. Re:Infrastructure by Ichijo · · Score: 1

      And because no road pays for itself in gas taxes and user fees, you could argue that if the direct users aren't willing to pay for the roads we have without asking for subsidies, we have too many roads.

      --
      Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
    5. Re:Infrastructure by phantomfive · · Score: 2, Insightful

      Although true, I think the increase in civil rights does play a big role in this. Without rights to fight, lawsuits wouldn't be a common occurrence.

      Civil rights are orthogonal to the economic system. You can have civil rights in a communist country. You can have private property. You just can't have private ownership of the production facilities.

      Call me naïve if you want but I have faith in human kind and our ability to redirect our efforts towards bettering our society.

      Our ability is there. It's whether we want to apply our effort in that direction.

      --
      "First they came for the slanderers and i said nothing."
    6. Re:Infrastructure by AK+Marc · · Score: 2

      And don't forget "environmental problem" includes moving people from sub-standard housing to nicer homes elsewhere. I saw the slums torn down for the Olympics. No running water, and other problems. Rather than tearing them down to build new ones in the same spot, they built new ones elsewhere, and the people living in the slums got an upgrade. But it's still a human rights violation because a renter had to move apartments. And somehow any human rights issue is an "environmental" issue.

      I just hope someone starts building the Bering Bridge/tunnel soon. Then my property in Alaska will go up in value, and I can sell it for a tidy profit. If the land goes up as it did for the '80s pipeline, I could retire when building starts.

    7. Re:Infrastructure by Ravaldy · · Score: 2

      Civil rights are orthogonal to the economic system. You can have civil rights in a communist country. You can have private property. You just can't have private ownership of the production facilities.

      I wouldn't claim them not to be but I doubt each Chinese person's right to argue with the government is as strong as one of an American, Canadian or European. I would even be willing to suggest that most wouldn't defy the government without strong backing from a large portion of the population.

    8. Re:Infrastructure by Anonymous Coward · · Score: 0

      "Just look at the difficulty of building modern nuclear power plants."

      I think a nuclear power plant needs a bit more review than a garden shed because the failure modes include public health concerns and potential long-term damage to land. By "long-term" I mean hundreds-to-thousands of years.

      Anyway as society grows and occupies more of the planet real-estate it makes some sense to spend time thinking about the neighbors. Collectively the human race is capable of quite a lot of destruction. Anything can be quite damaging when there's this much of it. Building the first interstate probably wasn't a big deal but if we plough over half of america to add 800 new lanes on each side it's going to be hard to find any trees after you're finished. We kinda need those trees. ...and if you finally get your way then maybe you won't be the first to cry NIMBY, but you'll eventually cave when your garden is turned into a toxic dump.

    9. Re:Infrastructure by ShanghaiBill · · Score: 3, Informative

      It's easy for us in the US to decry China building massive projects

      We shouldn't decry them. We should envy them. I wish America was still capable of doing stuff like this. Here in California, it will take 30 years to complete our high speed rail at a cost of $500,000 per seat. The Chinese built the longer Shangai-to-Beijing line in three years, for less than a tenth of the cost.

    10. Re:Infrastructure by Tough+Love · · Score: 1

      It's easy for us in the US to decry China building massive projects...

      Somebody was decrying? Slight terminology skew, perhaps you meant "deride", which does seem to be the intent of mischaracterizing infrastructure projects as showcases. Any American who feels the urge to to deride other country's showcases should just mutter "Mount Rushmore" to themselves.

      --
      When all you have is a hammer, every problem starts to look like a thumb.
    11. Re:Infrastructure by Anonymous Coward · · Score: 1

      Try arguing with the government in America, Canada, or Europe and tell me how it goes.

    12. Re:Infrastructure by Anonymous Coward · · Score: 0, Flamebait

      I for one can't wait until this shit falls down. You just know the US media is waiting for some glorious chink disaster porn to slake the bitterness of the masses.

      Just because you know it's a cynical distraction on the path to widespread serfdom and death, doesn't mean you can't have a good time on the way. I have a buttplug (purely masturbatory, no homo, lol), a giant tub of vaseline, and two weeks of vacation days set aside for the occasion. Gonna wank myself all day to the screams of dying gooks.

    13. Re:Infrastructure by Balthisar · · Score: 1

      China is "communist" only nominally. Their advantage is their oligarchy.

      --
      --Jim (me)
    14. Re:Infrastructure by Anonymous Coward · · Score: 0

      Communism gets this moving because it's a dictatorship where anyone objecting to the grand plans has no rights gets shut up or intimidated into submission.
      Unlike in a democracy nobody in China is afraid of upsetting their voter base, because there is none. The average Joe can't do a thing. There are no mechanisms in the system to deal with such issues.
      You cannot vote. You cannot sue. You cannot protest. You cannot post on the internet. You cannot organize a party/union/civil movement/interest group. The only thing you can do is turn to terrorism and self justice. And for many people that's quite a radical step they won't consider. So they just shut up and accept their fate.

      Most of the Chinese people are, in a political sense, defeated people. Try talking with anyone about politics. Most people are beyond apathy. They try their luck elsewhere - family, consumerism. Most people probably can't even name the cabinet or the mayor of cities like Shanghai and Beijing. They're anonymous party apparatchiks who aren't even worth discussing because it's not gonna change anything at all.

    15. Re:Infrastructure by Anonymous Coward · · Score: 0

      a human rights violation because a renter had to move apartments

      It's a right to keep your apartment forever? I really wish I knew that before I was forced to move out of Santa Clara.

      I just hope someone starts building the Bering Bridge/tunnel soon

      I hope it gets built while the US is still worth trading with. Canada and Latin America might be all that is left in 50 years. And trucking everything from Latin America to Alaska doesn't seem as economically sound as moving it on a boat and taking it directly to Asia. Or sailing the Arctic Ocean in the summer months because in 50 years it will be clear of ice. (and the Bering Straits will be significantly wider)

    16. Re:Infrastructure by phantomfive · · Score: 3, Insightful

      I think you're confusing 'communism' with 'authoritarianism,' which isn't the same. At this time, China isn't really communist anymore.

      --
      "First they came for the slanderers and i said nothing."
    17. Re:Infrastructure by Applehu+Akbar · · Score: 1

      All of these finished years ago before NIMBYs and lawyers stifled everything. Good for China on its new mega-projects. The value returned to their economy will more than pay the debt associated with construction, contrary to the New York Times weenie's assertions.

    18. Re:Infrastructure by willy_me · · Score: 5, Interesting

      Had a Chinese friend that said the exact same thing. On that note, another friend explained to me why civil unrest in China is not going to happen any time soon.

      The people love their government. Every year the quality of life for the average Chinese increases significantly. As long as this continues there will be no unrest. Say something bad about the Chinese government and the older generation will actually get mad.

      The newest generation is different. They have not been without and have much higher expectations of their government. When this generation constitutes the majority and the older generation has died out you will have the potential for civil unrest.

      In time China will become more like the Western world. And there is nothing wrong with taking some time. Force Democracy on a populous that is not ready for it and the results are not pretty.

    19. Re:Infrastructure by phantomfive · · Score: 1

      I would say there are three different generational groups in China:

      1) The Mao (older) group, who generally think Mao was great but also understand the pain of the era.
      2) The group that grew up around 1989, and they are still somewhat bitter because they know what happened
      3) The younger generation, that grew up watching the propaganda channel with patriotic songs. They generally consider their government to be the same as their country.

      I don't think anyone wants to force democracy on China. There are a lot of directions the country could go, though. That's a tough one to predict.

      --
      "First they came for the slanderers and i said nothing."
    20. Re:Infrastructure by disambiguated · · Score: 2

      Yeah, that's Texas. Millions of square miles of nothing combined with a population who think cars are a god-given right, but taxes equal communism. Come back with something less contrived.

    21. Re: Infrastructure by Anonymous Coward · · Score: 0, Interesting

      China is not a communist country. The members of parlament are all millionaires, the members of the party being the richest people overall. These people are perfectly married with corporations and the army and he police. I'd say China is a prime example of a corporative country. The whole country is led like it was a giant corporation.

    22. Re:Infrastructure by Tough+Love · · Score: 3, Interesting

      Many roads benefit taxpayers whether they use them or not, for example, roads that carry freight, or roads that take the load away from other roads that the taxpayer does use. So while a taxpayer may not be willing to pay in the hopes that somebody else will, the taxpayer still better pay. That is why having a government and tax laws is not necessarily all bad.

      --
      When all you have is a hammer, every problem starts to look like a thumb.
    23. Re:Infrastructure by hackertourist · · Score: 1

      The main reason they can build so quickly is that the Chinese government routinely kicks huge numbers of its citizens out of the areas where they want to build their infrastructure. That's not something to envy.

    24. Re:Infrastructure by houghi · · Score: 1

      If labour cost in the US would be the same as in China, the price would also be similar. And with labour, I also include the price of higher management.

      --
      Don't fight for your country, if your country does not fight for you.
    25. Re:Infrastructure by Richard_at_work · · Score: 2

      Why do I hear so many cases of eminent domain being used to build malls and WalMarts, or indeed to *block* Walmarts?

      http://abcnews.go.com/WNT/Indu...

      http://www.huffingtonpost.com/...

      http://www.denverpost.com/head...

      http://bizwest.com/eminent-dom...

      Not so sure the US is all that different to China in that regard...

    26. Re:Infrastructure by gtall · · Score: 1

      No, this is just the effort of the Commies in China to make their dicks look bigger. It is the sole reason they want Taiwan back, the thought of an independent country of Chinese makes their dicks look smaller. It is the reason they are shoving Han Chinese into Tibet and into Xinjiang province. It is also the reason they go apeshit at the thought of Hong Kong freely electing their leaders. Penis envy is also behind the problems they had with the Falun Gong doing calisthenics on their front lawn.

      It is all about the lack of dick of the Chinese leaders because they have no legitimacy. Hell, they didn't even fight the Japanese very well, that was the Nationalists who got beaten up so Mao could prance in a declare victory. And on the Long March, which was a retreat by the way, Mao was carried along by the proles he so valued.

    27. Re:Infrastructure by gtall · · Score: 1

      Mt. Rushmore wasn't built by the U.S. government. It wouldn't be allowed in China unless it depicted one of their dickless leaders.

    28. Re:Infrastructure by AmiMoJo · · Score: 1

      Their high speed rail doesn't have a great safety record though. It's still impressive, but also old technology. Japan is taking a couple of decades to build a new maglev line, which will eventually reach speeds in excess of 900 KPH. Just as the rest of the world is catching up with high speed rail, they are ditching the rails.

      --
      const int one = 65536; (Silvermoon, Texture.cs)
      SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
    29. Re:Infrastructure by Anonymous Coward · · Score: 0

      "Texas has an area of 268,820 square miles (696,200 km2)"
      - Wikipedia

    30. Re: Infrastructure by Anonymous Coward · · Score: 0

      No different than usa then? People dont know thier mayors and thr majority are apathetic. Sometimes a majority of the population votes.. when celebrities run...

    31. Re:Infrastructure by Anonymous Coward · · Score: 0

      I thought that was what this was for: http://en.wikipedia.org/wiki/Eminent_domain

      Oh, wait.. it is to build shopping malls http://www.forbes.com/sites/realspin/2013/06/28/its-time-for-congress-to-actively-condemn-eminent-domain-abuses/

    32. Re:Infrastructure by Ichijo · · Score: 1

      Many roads benefit taxpayers whether they use them or not

      I don't think anybody doubts that. But the important question is whether each road is a net benefit. (A "net" benefit is when the benefit exceeds the cost.)

      When we pay for roads with user fees, it's a simple thing to determine whether they are worth the cost (simply calculate revenue minus costs to the supplier), but it's almost impossible to tell when we pay for them with non-user taxes.

      The other problem that occurs when we don't ask people to pay for things in proportion to the benefit each person receives from them is that people will overconsume that resource, and then we all pay more in the end.

      --
      Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
    33. Re: Infrastructure by Anonymous Coward · · Score: 0

      A "corporate country," as you call it is what in previous times was known as "fascism," which is to say socialism intimately entangled in private corporate concerns & vice versa.

    34. Re:Infrastructure by Anonymous Coward · · Score: 0

      That's true now but it won't be true forever. It's been said for a long time that China's government will outright collapse if they can't sustain a year-on-year growth of at least 10%

      They've missed that target for a few years now, and the growth issues in China are now starting to make the regular news.

      The quality of life increases are a result of the massive, crazy growth. The surplus of work, money, and resources easily makes up for the other issues. When a large portion of the population faces increasing unemployment for a few years then the shit will absolutely hit the fan.

      There's a very large population of political elite living very comfortable lives that will stick out like a sore thumb as things go south. Get ready for crazy times in the east.

    35. Re:Infrastructure by Anonymous Coward · · Score: 0

      Have you ever seen GM or Dodge want to build a road? How else would you get them? But for government requirements for interstate commerce. Or how would you like to travel via the early plains method, With all land owned by someone, how would you get from Detroit to New York, or would you like to show us how we are transporting thru the ether to new locations? We need well kept up infrastructure, just to survive, No apples for the teacher, no need for commerce, no need for electricity, no need to have the internet. Right?

    36. Re:Infrastructure by jandrese · · Score: 1

      High speed rail is already close to too expensive to be practical. It is still a big question mark if those Maglev trains will ever be economically sound.

      --

      I read the internet for the articles.
    37. Re:Infrastructure by Tough+Love · · Score: 1

      The toll road is a classic embodyment of the "user must pay" theory. I have to ask: given that the toll road will be paid for eventually by taxpayers, why was the road not paid for from government revenue in the first place, rather than inconveniencing every user with a fee collection scheme and helping to drive the wedge deeper between the haves and have-nots? I view every toll road as a failure of government. Either the road is a net benefit and the system of apportioning government funds to it failed to function correctly, or the road is not a net benefit and the process of determining whether it should be built in the first place failed to function correctly. Either way, each toll road constitutes a failure of government and a net devaluation of infrastructure. The situation becomes even more starkly counterproductive when the government fails entirely to serve the common good by granting a monopoly on public infrastructure to a private firm, that is, a private toll road. Of course the government should not be building private driveways for rich people, which does happen, but that too is a failure of government.

      Naturally, there are shades of grey and overconsumption certainly can become an issue. The correct remedy is to restrict consumption of shared infrastructure where necessary, not to impose user fees, which are regressive in terms of providing service to those least able to provide it for themselves and are a net cost to society in their own right.

      --
      When all you have is a hammer, every problem starts to look like a thumb.
    38. Re:Infrastructure by Tough+Love · · Score: 1

      It was "built" on government land with government authorization and according to government directions (see Coolidge) and later finished with government funds. A government work in all but name.

      --
      When all you have is a hammer, every problem starts to look like a thumb.
    39. Re:Infrastructure by Anonymous Coward · · Score: 0

      As the guy below posted... google "eminent domain abuse" and see how the US government kicks out huge number of its citizens to build shopping malls and such.

    40. Re:Infrastructure by Ichijo · · Score: 1

      given that the toll road will be paid for eventually by taxpayers

      No, that's not a given.

      and helping to drive the wedge deeper between the haves and have-nots?

      False.

      --
      Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
    41. Re:Infrastructure by Tough+Love · · Score: 1

      given that the toll road will be paid for eventually by taxpayers

      No, that's not a given.

      Excuse me, but who pays for then, tax evaders? The bank never gets its money back? I'm confused.

      --
      When all you have is a hammer, every problem starts to look like a thumb.
    42. Re:Infrastructure by Ichijo · · Score: 1

      Toll payers. We're talking about toll roads, remember?

      --
      Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
    43. Re: Infrastructure by Anonymous Coward · · Score: 0

      U butthurt bro?

    44. Re:Infrastructure by lucien86 · · Score: 1

      That's why the Chinese government are so afraid of North Korea. They are afraid the government collapsing there could be a huge spark to trigger unrest or a collapse in China itself. That's also why they've been so careful in how they handled the recent protests in Hong Kong.

      --
      Below the speed of light Special Relativity is one of the most accurate theories in physics - above the speed of light..
    45. Re:Infrastructure by Tough+Love · · Score: 1

      A toll payer is a tax payer (nearly always). I hope that clarifies my post above for you.

      --
      When all you have is a hammer, every problem starts to look like a thumb.
  3. Enormous debt? by phantomfive · · Score: 5, Interesting

    China might go into 'enormous debt' to build things? Every other country has already gone into 'enormous debt,' why shouldn't they take advantage of the opportunity while they still can? Get while the getting is good.

    At least they'll have something built to show for it, unlike spending that money to bail out banks (and if anyone wants to protest that the banks paid back TARP, I'm well aware of that, and also aware they got their government money through other channels).

    --
    "First they came for the slanderers and i said nothing."
    1. Re:Enormous debt? by AHuxley · · Score: 5, Insightful

      Re "Get while the getting is good."
      China learns how to use the tech over decades. Then China leans how to build the tech. China can then export their version of the same heavy civil engineering services.
      China can now bid for huge projects. China can now offer aid packages to other nations with large scale nation building civil engineering projects at a lower cost.
      Thats great news for China and the optics of project branding around the world. A quality project or aid package is delivered on budget and on time by China.
      China has understood the value of aid projects around the world since the 1960's.

      --
      Domestic spying is now "Benign Information Gathering"
    2. Re:Enormous debt? by antifoidulus · · Score: 3, Insightful

      Because China is on track to end up like Japan, an incredibly moribund economy with a shrinking working-age demographic(the population is barely growing and set to peak within a decade), an allergy to any sort of unemployment, even if temporary, and lots and lots of bad debt. I've been saying this for years, China copied the Japanese model right down to the bad debts. Japan has been creating "roads to nowhere" for decades and it has essentially netted them very little besides more debt(Japan has the highest debt to gdp ratio in the G7, something like 250%, though unlike the US debt most of it is still held domestically...for the moment anyway). China today is Japan circa 1988, lots and lots of exuberance, but the writing is on the wall. It will be interesting to see if China can learn from Japan's mistakes. My guess is no since the CCP knows that their biggest weakness is unemployment, but I guess we will see.

    3. Re:Enormous debt? by TheRealHocusLocus · · Score: 4, Interesting

      The human race (at our favored levels of population density) has evolved past the point where a natural state of good health can be maintained without access to bulk electricity, which equates to drinkable tap water. This is a greater factor than access to doctors or medicine. We pledge 'aid' to help to help countries around the world but so much of that help is NOT building infrastructure.

      What China is doing is building a modern China from scratch in record time. They have the blueprints in hand. They even know that they are making mistakes (eg, coal) but they're focused on the prize. Cuba trades doctors for useful things. China will be able to trade everything for things.

      To me it seems our major export these days are Financial Instruments and Financial Middlemen, and the structured debt that arises in their wake. But not to worry, the principal of these loans do not tap your hard-earned taxpayer dollars, many of which go toward repayment of interest on our own national debt. This is magical unicorn money that will come from World Investment Funds and Bank perpetual money machines that are backed by International Corporate Banks that bought shitloads of worthless paper and were bailed out by Bushobama with the Fed minting virtual money that saved the banks' balance sheets from ruin, and Treasury Bonds purchased by the Chinese who have said fuck-it and have decided to decouple and give Africa (for example) their time and especially their money directly, some of which would ultimately come from us as repayment on debt to China with China becoming Africa's direct partner in infrastructure instead. This does not make sense on so many levels.

      The United States has shown the world what it means to have access to so much energy and surplus income: property, personal transportation, washing machines, treated water and sewage, road trips, stocked supermarkets.

      And yet, nothing presently "made in America" could prevent its decline. Not only have most of its factories closed, the basic blueprint for every consumer item and industrial process which supports the modern lifestyle is shared throughout the world. This is a done deal.

      For a price --- China is now fully equipped to build an 'America' anywhere in the world it chooses. From surveying to road building to farm machinery to industrial process and infrastructure, electricity plants and grids, telecommunications, water distribution and treatment. Everything from rivets to houses, the mailbox, the picket fence and the white paint. Everything.

      And why wouldn't they? They have begun taking steps to decouple their economy from our own [bloomberg.com]. At this point in time the US cannot afford to be parlaying with Malthusian governance artists who seize on theories of environmental catastrophe and leverage 'affluence guilt' to tax everyone (YOU first). The ONLY thing that can save us is to do something extraordinary, something that changes the game. Something made in America (first) that changes the world.

      Such as some form of base load energy that is cheaper than coal.
      At this point anything else the United States could offer the world, or China, is worth less than a fart in a high wind.

      --
      <blink>down the rabbit hole</blink>
    4. Re:Enormous debt? by AHuxley · · Score: 3, Interesting

      Re: " and have decided to decouple and give Africa (for example) their time and especially their money directly, some of which would ultimately come from us as repayment on debt to China with China becoming Africa's direct partner in infrastructure instead. This does not make sense on so many levels."
      China can now offer a project as a bid against other traditional US, UK or EU consortium offers. China can offer a project as a loan, soft loan or as an aid project.
      Once the project using parts, equipment, planning and staff from China is completed the long term maintenance is also included.
      The next local mining, gas, oil land release can then see a China bid in play. Direct aid flows in and cheaper geographically bound raw materials flow back to China.
      China can then value add on any exported consumer or high end product with lower raw material costs.
      China wins from the branding and humanitarian side and then gets direct prices for much needed raw materials to build its own manufacturing brands.
      The only way for the West and old colonial powers to counter this is a huge propaganda campaign to try and secure the Wests role in telco, aid, engineering and raw material contracts.
      China now has several generations of trust and project completion around the world going back decades.

      --
      Domestic spying is now "Benign Information Gathering"
    5. Re:Enormous debt? by Anonymous Coward · · Score: 0

      Because China is on track to end up like Japan, an incredibly moribund economy with a shrinking working-age demographic(the population is barely growing and set to peak within a decade)

      Their population is barely growing because they very strictly enforced their One-Child policy for decades, both in face of heavy criticism (for its sometimes inhumane implementation) and applaud (for its success in controlling population growth).

      Don't think their leaders are asleep at the helm, they are VERY much aware of the problem with an aging population, and are already relaxing the policy by allowing parents who are the single child to have 2 children of their own.

      China can explode its population overnight by abolishing the One-Child policy, but sane minds would conclude that such sudden growth would not be good for the country as a whole, and a combination of slowly relaxing the policy while letting the birth rate drop naturally due to increasing city population would be much better.

    6. Re:Enormous debt? by cheesybagel · · Score: 1

      Japan hit the ceiling once their GDP/capita got to the level of the rest of the Western economies. China is a long way from getting there in GDP/capita.

    7. Re:Enormous debt? by cheesybagel · · Score: 1

      Japan would have recovered by now if it wasn't for the earthquake/tsunami and closing down all the nuclear power plants.

    8. Re:Enormous debt? by Alomex · · Score: 1

      China can explode its population overnight by abolishing the One-Child policy

      Wrong, the policy is essentially already gone. You can have more than one child if you want by paying a relatively affordable fee. Still, people choose to have one kid, like most of the rest of the semi- and fully developed world nowadays.

    9. Re:Enormous debt? by antifoidulus · · Score: 1

      Huh? The bubble burst in 1989, the earthquakes were in 2011, they aren't related.

    10. Re:Enormous debt? by antifoidulus · · Score: 1

      The really huge gender skew will also likely limit population growth, because among the younger generations there simply are less females, meaning that even if the current birth rate is maintained, you still will end up with fewer people.

    11. Re:Enormous debt? by Anonymous Coward · · Score: 1

      The real economic problem with China (and Chinese companies) is the obscurity of their finances.

      Because of that, any article or analysis done on the Chinese economy is really just wild guessing. And this is reflected at the private level as well. People say Chinese companies have three sets of books: the public books, the books for the government (taxes), and the real books. For foreign companies wanting to do business in China, this situation can make it really difficult to find local partners (a legal requirement, btw).

    12. Re:Enormous debt? by Harlequin80 · · Score: 1

      No. I can't agree with this at all. I have been to both countries and there is too big a cultural difference.

      You can horribly sum it up by saying the Japanese are all about the group and the Chinese are more about themselves (ie closer to the west).

      The Japanese have their problems because their culture is incredibly strict. They could almost immediately solve their shrinking population problem by opening themselves to immigration but it simply isn't going to happen.

      You noted that the debt is held domestically, but then implied it would move overseas. It won't without a fundamental change in how they look at things. People will suffer individually before they cause the government to suffer. The domestic market won't claw back its debt from the government. Instead they will keep it in essentially negative bonds for their entire life.

    13. Re:Enormous debt? by antifoidulus · · Score: 1

      Um, I was speaking economically. While certainly there is a connection between economics and culture, it's nowhere near as strong as you seem to think it is(nor are the cultures all that different, both are at their core confucian societies). I never said that the Japanese would start selling their bonds, but it's doubtful with a savings rate that hovers around 1%(and with the current stagflation may even fall to below 0) that the Japanese can actually afford to buy new ones. Thats why the bonds may increasingly end up in foreign hands. You simply cannot buy bonds if you have no savings.

    14. Re:Enormous debt? by Headw1nd · · Score: 2

      I'm curious what is going to happen when the Chinese don't want, or can't afford, any US debt.

    15. Re:Enormous debt? by Harlequin80 · · Score: 2

      I believe that culture and economics are inextricably linked. The culture of a country determines the type of government that it builds and the type of government it builds effects its economy. A very simple example is the difference between the US and Europe. Both are "western" yet the European system has leant towards a more socialist model which is definitely reflected in their economy.

      Japan and China are incredibly different culturally. Japan carries deep in its psyche the fact that it is an isolated island nation. China on the other hand is a nation with large land borders some of which are shared by other significant powers. Japan would love nothing more then to put up a huge wall and never let anyone in or out. China has always looked to expand and assimilate.

      As for the debt levels, eventually they will have to reduce their debt levels. However currently the savings rate for Japan sits at close to 20% of GDP. So even though their Gross Public Debt is close to double their national GDP their domestic population continues to save far more then is necessary to cover expansion in that debt.

      I am no way saying that continuing to expand the debt is a good thing, it isn't. But I don't believe they have a problem currently as a result of that debt.

      I would also add to this that though Japan has seen 0 and slightly negative inflation for a number of years 2013 rate was a positive 1.61%. Low by most standards but still positive and the first time in a long time.

    16. Re:Enormous debt? by Anonymous Coward · · Score: 0

      It's happened before, it wasn't a big deal. China is not the only country in the world with cash.

      For that matter, there are plenty of US billionaires with cash to burn, they need a place to park their assets too. The USA isn't poor.

    17. Re:Enormous debt? by Anonymous Coward · · Score: 0

      China has a problem that Japan didn't have, which is that they still have a huge poor population. They're keeping unrest in check now with the promise that development will continue to expand the middle class, but once that expansion stops, things could turn ugly.

    18. Re:Enormous debt? by phantomfive · · Score: 2

      To get an idea of the size of the problem, you should start here. Look at what percentage of the national debt is held by foreign governments, and of that, how much is held by China.

      I certainly don't claim to know, but during the Clinton era, demand for US bonds decreased, and the interest paid by the government began to increase accordingly. It got bad enough that congress and the president began to worry (and insult those 'bond vultures'), and cut deficit spending to a degree.

      --
      "First they came for the slanderers and i said nothing."
    19. Re:Enormous debt? by Anonymous Coward · · Score: 0

      Historically that will also lead to war or severe unrest as the mating age males need to find someone to blame or something to fill their lives with. Hopefully china is different.

    20. Re:Enormous debt? by cheesybagel · · Score: 2

      The GDP/capita kept growing until much after that.
      http://www.google.com/publicda...

      Until 1995. Guess what happened in 1995? Kobe earthquake.

    21. Re:Enormous debt? by cheesybagel · · Score: 1

      To the guy who downmodded me. Sorry for insulting your envirowacko perspective but not surprisingly Japan's GDP goes down after they have large earthquakes and when they need to spend more money importing fuel like coal.

      Don't believe me? Look at the GDP/capita chart for Japan fall down a cliff in 1995 and 2011.

    22. Re:Enormous debt? by Anonymous Coward · · Score: 0

      Perhaps you can explain why when i am in China with my three kids they come up and ask me how much the third cost implying the "fine" is punitive as you go above 1.

  4. but, USA still #1 by Anonymous Coward · · Score: 0

    Right? Right?

  5. China, get into debt? by Anonymous Coward · · Score: 0

    Get into debt?

    They can always borrow from the Chinese.

    Oh, wait...

    1. Re:China, get into debt? by phantomfive · · Score: 4, Informative

      You said it as a joke, but China's debt isn't small. They buy US treasury bonds, but issue their own bonds to pay for them. So yes, in fact, the Chinese government is borrowing from the Chinese people.

      --
      "First they came for the slanderers and i said nothing."
    2. Re:China, get into debt? by TubeSteak · · Score: 1

      They buy US treasury bonds, but issue their own bonds to pay for them. So yes, in fact, the Chinese government is borrowing from the Chinese people.

      Before marking this down as a problem for China, you'd have to factor in the economic benefits of keeping the Yuan mostly pegged to the dollar.

      If the Yuan really floated free, China's exports would get get much more expensive and their status as a manufacturing hub could evaporate.

      --
      [Fuck Beta]
      o0t!
    3. Re:China, get into debt? by phantomfive · · Score: 1

      That's the theory, right? Keep your currency down to keep your workers poor? The alternative is to let it float free, and allow your workers to earn what they're worth. China's already lost the low end of manufacturing as textiles have gone to south-east asia. Labor's too expensive in China.

      --
      "First they came for the slanderers and i said nothing."
    4. Re:China, get into debt? by Anonymous Coward · · Score: 0

      Textiles is also going back to the USA, many Chinese companies are rebuildling textile factories and hiring USA workers at above min-wage.

    5. Re:China, get into debt? by AmiMoJo · · Score: 1

      China's debt is 62% of its GPD. The US is at 104%, and the UK is at 96%. China is actually going pretty well, especially since its economy is still rapidly expanding.

      --
      const int one = 65536; (Silvermoon, Texture.cs)
      SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
    6. Re:China, get into debt? by meta-monkey · · Score: 1

      And eventually manufacturing will return to the US, just performed by robots.

      --
      We don't have a state-run media we have a media-run state.
    7. Re:China, get into debt? by phantomfive · · Score: 1

      You mean, compared to the US and UK it has a small debt? Is that really considered doing well? US is doing well too........compared to Japan or Argentina.

      --
      "First they came for the slanderers and i said nothing."
  6. hard landing disaster by Anonymous Coward · · Score: 1

    If China lands hard, things will difficult everywhere, at best.

    1. Re: hard landing disaster by Anonymous Coward · · Score: 0

      So the Chinese import a lot of foreign-made goods, then?

      I think not.

      The people who enrich themselves by outsourcing jobs to Dirtflooristan and selling finished goods in the U.S. and the rest of the first world might feel a pinch, but it's hard to imagine them doing any less to help the middle class than they already are.

    2. Re: hard landing disaster by Anonymous Coward · · Score: 0

      So the Chinese import a lot of foreign-made goods, then?

      I think not.

      Your thoughts, unfortunately, don't shape reality.

      China has a vast middle class growing at exponential rates, and they want what the West has.

      Goods? Absolutely. Wine? You bet. Food? There's a reason I laugh at California doomsayers - because we're using all our water to farm in a fucking desert to ship "exotic" fruit and vegetables (and a great deal of rice, to boot) to China.

    3. Re: hard landing disaster by 50000BTU_barbecue · · Score: 1

      Yeah, my scotch budget is busted because the Chinese get first dibs.

      --
      Mostly random stuff.
    4. Re: hard landing disaster by AK+Marc · · Score: 2

      They certainly do from Australia. Australia took a huge economic hit when China slowed orders of metal. Sure, they don't buy Ford or GM, but they do buy from abroad.

    5. Re: hard landing disaster by Harlequin80 · · Score: 1

      Exactly. Australian imports from China $49 Billion. Australian exports to China $101 Billion. Of those minerals made up a significant percentage but so did food stuffs, wine, services, and education. I mean $7 billion of that was for services not even products.

      When you consider that Japan is our next biggest market at $50 billion, the Korea $21B, US $16B and India $11B. We really would be up the creak without China.

      Take the next logical step though is that the US is our second largest importer at $39 Billion. If China collapsed Australia would lose 27% of its income in one go. If we lose that much income we will buy heaps less and given the US is our second biggest supplier it will hit the US hard as well.

      Things are not just two sided.

    6. Re: hard landing disaster by Electricity+Likes+Me · · Score: 1

      China is not going to collapse that quickly. The word "collapse" gets thrown around a heck of a lot as though these are things which can happen literally overnight, when really we're talking about multi-year declines which would hurt, but are not nearly the same thing.

      Australia is fucked on it's present trajectory though because successive governments have had no interest in trying to diversity, and the population keeps buying the weird "we must be specialized for mining!" BS from both the politicians and mining companies.

  7. Re:China wants prestige by Anonymous Coward · · Score: 1

    Sort of like Apollo. Oh no! Sorry! *THAT* was for the _species_ because it was white Christian middle-aged men with crew cuts!

    Sorry, sorry.

    Yes, yes, exploration, the Death asteroid, the species, this rock, yes, Apollo was all that.

    But OTHER countries are just ridiculous! Point and laugh! Ah ha ha ha ha!

  8. Rail line by jklovanc · · Score: 1

    In November, for example, the powerful National Development and Reform Commission approved plans to spend nearly $115 billion on 21 supersize infrastructure projects,

    There is an estimate that the China-Russia-Canada-US line may cost $2T or almost 17 times the budget for those projects. I doubt it will ever be built. I love one of the quotes from the article;

    Who would ever take a two-day train journey from Beijing to San Francisco when they could fly there in 12 hours?

    There may be a few but I doubt enough to pay for and support 13,000km of track through some very harsh terrain which gets worse in winter and a 200km tunnel under water.

    1. Re:Rail line by Firethorn · · Score: 1

      There may be a few but I doubt enough to pay for and support 13,000km of track through some very harsh terrain which gets worse in winter and a 200km tunnel under water.

      My thought was cargo. Though it's a tough, tough sell up against cargo ships.

      --
      I don't read AC A human right
    2. Re:Rail line by AK+Marc · · Score: 1

      Cargo from China would be cheaper on train that boat.

      That and if it ever does take off, my property in Alaska will shoot up in value. I'm holding off selling until they build a natural gas pipeline (to canada or along the oil pipeline) or connection to Russia. One of them will probably happen sometime.

    3. Re:Rail line by jklovanc · · Score: 1

      Even cargo is an issue as the line is designed to be high speed. The average speed of US for freight trains is 29 kmh. To go 13,000km it would take about 18 days. That is about the same as ship transit time. I agree, I doubt it can compete on freight either.

    4. Re:Rail line by Anonymous Coward · · Score: 0

      Meanwhile, the average speed for freight trains in the developed world is above 100 km/h.

      The Chinese plans do however include high-speed freight trains of the 250+ km/h variety, to fill the faster-than-ship / cheaper-than-plane niche.

    5. Re:Rail line by jklovanc · · Score: 1

      Do you have any idea the cost of keeping a rail line through Siberia, Alaska and Northern BC open during the winter?

    6. Re:Rail line by Blaskowicz · · Score: 1

      I wonder if gigantic coal trains are included in that average, and the US is known for having many freight-only tracks. If you care about throughput but less so about speed, and don't want to spend more billions in maintenance then you run the freight trains slow, especially if you're not obstructing passenger trains (or hardly have them).

      Regarding ships there's the time and expense wasted in loading/unloading and warehousing (sort of the equivalent of your TSA and checking luggages). It should be a lot easier to drive your container to a freight rail station and have it loaded on a train.
      Especially, the train would allow a "get this shipped under two weeks" scenario which can only be guaranteed with airplanes today. Or a similar, semi-hard deadline.

      That's not to say the economics aren't dubious.

    7. Re:Rail line by jklovanc · · Score: 1

      Regarding ships there's the time and expense wasted in loading/unloading and warehousing (sort of the equivalent of your TSA and checking luggages). It should be a lot easier to drive your container to a freight rail station and have it loaded on a train.

      Ships take containers too so no warehousing is involved. Most sipt transport is now either bulk or containerized now.

      Especially, the train would allow a "get this shipped under two weeks" scenario

      Except that blizzards in Siberia and Alaska would close the track possibly for days. We are talking about a route through some pretty harsh territory.

    8. Re:Rail line by Blaskowicz · · Score: 1

      I thought about "warehousing" the containers, which is a bad choice of word (esp. considering they sit outside anyway). Containers wait ashore for the boat to come in if it isn't there already, wait for their time to be moved around in that gigantic and overlord port, wait on the boat till other containers have been loaded and till everything is ready, then it's a similar dance on the other side of the ocean.
      Container on freight train would be pretty much routed towards its final destination already when the container ship is just approaching the US coast.
      But that issue of blizzards.. Oh well, sounds nightmarish.

    9. Re:Rail line by Anonymous Coward · · Score: 0

      How much does a huge snowplough to each engine cost? Not that much I'd guess. A track like that would have trains going all the time. I imagine wear and tear would be a bigger problem.

    10. Re:Rail line by dunkelfalke · · Score: 1
      --
      "It's such a fine line between stupid and clever" -- David St. Hubbins, Spinal Tap
    11. Re:Rail line by jklovanc · · Score: 1

      Containers destined for rail cars wait at the station for the train to come in, wait while to be moved around the train station, wait till the other containers are loaded on the train and till everything is ready and then a similar dance at the other train station. Loading a container onto a train is very similar to loading onto a ship.

    12. Re:Rail line by jklovanc · · Score: 1

      A major advantage of the rail route is speed. The train took just three weeks to complete a journey that takes up to six weeks by sea.

      Is that compared to a huge container ship that could not pass through the Suez Canal and therefore has to go around Africa? Going around the Horn will add thousands of kilometres, and therefore time, to the trip. The China-US route is the opposite in that the rail route is 13,000km while the sea route is 7,000km.

      It is also more environmentally friendly than road transport, which would produce 114 tonnes of CO2 to shift the same volume of goods, compared with the 44 tonnes produced by the train – a 62% reduction.

      I find it interesting that the compare rail to truck and not ship. Ships are known to burn less fuel per ton/km.

      I wonder how much it cost to pull this off. With 3 train swaps due to rail gauge differences and 16 engine swaps this would be an expensive trip. That was a publicity stunt as it only involved 30 rail cars. In the arena of Chinese trade 30 rail cars is insignificant. I doubt they could economically do this on a large scale.

    13. Re:Rail line by david_thornley · · Score: 1

      Assuming a railroad of sufficient capacity, there's going to be more latency when moving stuff by ship. On the other hand, shipping cargo is a lot cheaper (per container) than railing it. There are going to be situations where a train is a better solution than a ship, but is that going to be common enough to support a really expensive rail line?

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    14. Re:Rail line by Anonymous Coward · · Score: 0

      Except that blizzards in Siberia and Alaska would close the track possibly for days.

      No worries, global warming will take care of that.

    15. Re:Rail line by dunkelfalke · · Score: 1

      This was, in fact, a proof of concept. Freight train between China and Germany is already regular.
      Trains are quite efficient. They are also way cleaner than ships, especially when using electric power.

      --
      "It's such a fine line between stupid and clever" -- David St. Hubbins, Spinal Tap
    16. Re:Rail line by AK+Marc · · Score: 1

      Yes. The rail runs in Alaska stay open. I lived less than one mile from the rail line. And I could hear it year long. At least here I'll never hear another train. I live as far from a train line as possible, while still living in a town/city served by a train. And yes, the route past me went through mountains.

    17. Re:Rail line by jklovanc · · Score: 1

      This was, in fact, a proof of concept.

      Proof of concept is market speak for publicity stunt.

      Freight train between China and Germany is already regular

      From the article;

      From January to November, 2012, a total of 40 freight trains ran on the Yuxinou Railway, transporting 1747 containers with 21,000 tons cargo, and worth of 1.15 billion USD. The freight included 3.062 million laptops and 564,000 liquid crystal display screens.

      Sending 1,747 containers in 11 months is very low capacity. Many large container ships can carry over 7,000 40ft containers, that means that one ship could carry 4 times as much as was transported in 11 months.

      They are also way cleaner than ships, especially when using electric power.

      Not true. According to this ships beat trains. When comparing of CO2 (in grams) emitted per metric ton of freight and per km of transportation the numbers are modern train 30 to 100 g and modern ship (sea freight) 10 to 40 g . The electric trains may not be much of an advantage if the electricity is produced by burning fossil fuels.

    18. Re:Rail line by jklovanc · · Score: 1

      Take a look at the Alaska Railway routes Notice that they mention slow speeds due to having to wind through mountains. I didn't say it would be impossible to keep the lines open. I said it would be very expensive compared to a ship in open sea.

    19. Re:Rail line by AK+Marc · · Score: 1

      The additional "cost" to keep the line open is negligible. The "cost" of winding through mountains is the same summer or winter. And that directly contradicts your previous statement.

      The cost of a train winding through mountains in the winter is still much less than your cargo ship. And much quicker.

    20. Re:Rail line by jklovanc · · Score: 1

      The additional "cost" to keep the line open is negligible.

      Based on what? Every time it snows the tracks would need to be cleared and that is not a negligible cost.

      The "cost" of winding through mountains is the same summer or winter. And that directly contradicts your previous statement.

      I never said that summer traffic was cheap either; you did.

      The cost of a train winding through mountains in the winter is still much less than your cargo ship. And much quicker.

      Care to show me your data on that?

    21. Re:Rail line by AK+Marc · · Score: 1

      Every time it snows the tracks would need to be cleared and that is not a negligible cost.

      Do you know how reality works? Snow is light and powdery. A train is big and heavy. They don't clear the tracks for snow. The snow boring train is bought as part of the building cost of the line, and is generally used only for avalanche. They look like https://www.google.com/maps/@6... and are needed because an avalanche is snow, and lots of trees. They don't need it to cut through fallen snow.

      I never said that summer traffic was cheap either; you did.

      Ah, so when you said "Do you have any idea the cost of keeping a rail line through Siberia, Alaska and Northern BC open during the winter?" you were making a joke, not actually talking about the cost of running it.

      If you thought it uneconomical in ideal conditions, why invent lies about the worst running conditions? Didn't think your lies would be read by someone who lives a few miles from the train pictured above, and has friends on the Alaskan rail, and knows more about trains in Alaska than you?

      You are lying and making up lies about the high running cost, then telling others to prove you wrong. I don't have to. I can just point it out. Anyone reading this will know

      YOU
      ARE
      A
      LIAR

      I don't need to say any more.

      If trains were more expensive than boats, why is there discussion on building the line? Because the billionaires are dumber than you? If that were true, why aren't you a billionare? Let me guess, because they are psychopaths, and you are just a benevolent genius.

      Well you got the "idiot" part down. Now try working on "savant". I know you thought that the easy part, but that's only proof of your idiocy.

    22. Re:Rail line by jklovanc · · Score: 1

      Wow what a ad hominem attack. Your facts are so weak that you stoop to attacking me callimg me a liar an psychopath.

      They don't clear the tracks for snow.

      Then what are these? Take a look at this video. Not an avalanche in sight.

      If trains were more expensive than boats, why is there discussion on building the line?

      Because it is not billionaires tat are talking about it. It is the Chinese government.

      If you thought it uneconomical in ideal conditions, why invent lies about the worst running conditions?

      Because it is easier to show problems in worst case conditions that in conditions that are closer to viable. You still haven't proven anything I have said is a lie. Other than a picture of a snow plow you have shown no references.

      Didn't think your lies would be read by someone who lives a few miles from the train pictured above, and has friends on the Alaskan rail, and knows more about trains in Alaska than you?

      Sorry but living next to a rail track and listening to the occasional train does not make you a train and shipping expert. Without references all you are saying is opinion.

    23. Re:Rail line by AK+Marc · · Score: 1

      Your facts are so weak that you stoop to attacking me callimg me a liar an psychopath.

      The fact is, you are a liar. You brought up winter first, then changed the goalposts again, anything to distract from the facts.

      Sorry but living next to a rail track and listening to the occasional train does not make you a train and shipping expert. Without references all you are saying is opinion.

      Yes, it's only opinion. And it's based in more facts than you have, and without lying bisases you spew. You don't have facts. You have a wrong opinion, and selection bias.

    24. Re:Rail line by jklovanc · · Score: 1

      You brought up winter first, then changed the goalposts again,

      Wow, you can't even follow a conversation. The first mention of summer was by you.

      he "cost" of winding through mountains is the same summer or winter.

      And it's based in more facts than you have,

      How about this?

      Unseasonably frigid weather in 2013-2014 -- with temperatures falling to as low as minus 37 degrees Celsius (minus 35 Fahrenheit) in central Canada -- forced both railroads to run slower and shorter trains and spend more on fuel and other items

      Winter-related costs such as snow removal trimmed Calgary- based Canadian Pacific’s first-quarter profit by 30 cents to 35 cents a share, equivalent to as much as $61 million.

      Those conditions are a normal winter in Alaska. Rail in winter is expensive.

      You have a wrong opinion, and selection bias.

      You have no selection bias because you have shown nothing to back up you opinions. Show something that supports your opinion and I may believe you.

    25. Re:Rail line by AK+Marc · · Score: 1

      Wow, you can't even follow a conversation. The first mention of summer was by you.

      Let's review. I mentioned winter. After you did. Long before my mention of seasons, you said:

      Do you have any idea the cost of keeping a rail line through Siberia, Alaska and Northern BC open during the winter?

      You lie like we can't just look up and see your bald faced lies. Your parents must be so proud.

    26. Re:Rail line by jklovanc · · Score: 1

      You brought up winter first, then changed the goalposts again, anything to distract from the facts.

      The only thing I added to the conversation was "winding through mountains" which also adds to the cost of rail transport. Since the subject of the discussion is the cost of rail transport I do no see that as changing the goal posts. You are the one that can not seem to handle additional information. What supported facts have you brought to the discussion? As far as I can see, none.

      You lie like we can't just look up and see your bald faced lies. Your parents must be so proud.

      You can call me a liar all you want. It does not detract from the fact that I have independent information that supports my position while you have opinions based on living next to a rail line. Would living next to CERN make one be qualified to make unsupported claims about particle physics. Even your one claim about not clearing snow is proven to be false. The rest of your claims being "no it isn't".

      Again, you have no references to back up your uninformed opinions while I have cited several articles that support mine. How do you dismiss the article about how running CP rail in unseasonably low temperatures costing an extra $61 million? Until you can cite something to support your claims I will not be responding.

  9. obligatory by Charliemopps · · Score: 1

    As is usual, there's always an appropriate metal song warning of the folly of man: https://www.youtube.com/watch?...

    Today the warning came in the flood
    Architects and fools never cared for poor men's blood
    Cursed to repeat the past they are
    The river dragon swims upstream
    They've built another wall.

    Ironically based on Chinese myth to.

  10. The weakening of America by Alomex · · Score: 2

    In contrast in America, republican hopeful Governor Chris Christie refused to allow a new tunnel to be built linking New Jersey and New York.

  11. There was a show on TV by Anonymous Coward · · Score: 1

    It showed this humongous mall that they had built, but remains mostly unoccupied, and hardly any shoppers. Well they wouldn't stop building on account of that now

    1. Re:There was a show on TV by myid · · Score: 2

      Are you thinking of the New South China Mall? According to Wikipedia, "Unlike other "dead malls", which have been characterized by the departure of tenants, the New South China Mall has been 99% vacant since its 2005 opening as very few merchants have ever signed up."

  12. Just like here by Anonymous Coward · · Score: 0

    Biggest truck, smallest penis.

  13. Do H. Pickens & /. pay a commission to NYT? by endoboy · · Score: 1

    Clearly the Times is doing all the work.....

  14. Un-needed Infrastructure by Anonymous Coward · · Score: 1

    Am I right in thinking there are many empty cities in China, with more being build all the time?
    This may be more about keeping people working than anything.

  15. This train has a name... by Anonymous Coward · · Score: 0

    ...Snowpiercer

  16. Very admirable by Chipmunk100 · · Score: 5, Interesting

    For those of you who have not been to China, what China does in terms of infrastructure projects is quite laudable. For a population of that size and country of that size, they need such projects for faster development. In the US, we are more interested in political scoring than building infrastructure or other developmental projects. Is it a sign of decay for us?

    1. Re:Very admirable by Tough+Love · · Score: 2

      The state of repair of US roads in general, from freeways to alleys, ought to be a major embarrassment to every American. No wonder that American cars have loose springs.

      --
      When all you have is a hammer, every problem starts to look like a thumb.
    2. Re:Very admirable by Anonymous Coward · · Score: 2, Insightful

      That's the one thing they were much cleverer about than the other BRICs: infrastructure. In general, it's pretty good as long as you don't look at the details. Taking a closer look still shows many problems. E.g. while there are many really good airports, the military controlled air traffic system is a joke, as pretty much every domestic flight is delayed.
      High speed trains are awesome, and they're great for prestige and getting customers to buy that technology. Yet they're out of price range for the majority of customers.
      Reigning in waste - waste of electricity, water - would make many projects unnecessary. Just consider how badly buildings are insulated. Consider how much clean-up the pollution causes. Chine often ends up fighting problems' symptoms, with gigantic effort, rather than their sources.

      They did many things right, but also many things wrong or with little long term thinking - which is surprising for a nation which often prides itself with such a long history.

    3. Re:Very admirable by Anonymous Coward · · Score: 0

      In China, political scoring is exactly what infrastructure projects are all about. Local governments care more about quantity than quality, because that's what gets them funding and recognition from Beijing.

      I'm not saying everything they'r doing is wrong, but they amount of resources they waste on pointless projects is staggering.

    4. Re:Very admirable by Anonymous Coward · · Score: 3, Interesting

      There was a great piece about this on 60 Minutes recently (http://www.cbs.com/shows/60_minutes/video/wDHgIRBoeP_q4gHkLL0kheu_bLmCiFD9/preview-falling-apart/).

      ASCE has a D+ rating on American infrastructure. Many of them are well beyond their projected life. Most telling part of it was having to build a structure to shield a highway underneath a overpass from falling concrete. That overpass is still being used even with concrete crumbling away. Everyone in the program including the politicians agree that something needs to be done right away but don't know where the money will come from. Scary

    5. Re:Very admirable by Harlequin80 · · Score: 1

      Another thing they do is they mix zinc into the steel they use for the rails. This means it is much much harder to work with but is essentially stainless and will last forever.

    6. Re:Very admirable by BayaWeaver · · Score: 3, Informative

      High speed trains are awesome, and they're great for prestige and getting customers to buy that technology. Yet they're out of price range for the majority of customers.

      Maybe not? This from a recent World Bank report:
      "As of October 1, 2014, over 2.9 billion passengers are estimated to have taken a trip in a China Rail - High Speed train (called CRH services), with traffic growing from 128 million in 2008 to 672 million in 2013, or about 39 percent growth per annum since 2008. In 2013, 530 million of those CRH trips took place on passenger dedicated HSR lines. In 2013, China HSR lines carried slightly more HSR passenger-km (214 billion) than the rest of the world combined. This represented about 2.5 times the HSR passenger-km of Japan, the second largest country in terms of HSR traffic. These are substantial numbers for a system that is still in its early days."

      Also, a personal informed opinion here

    7. Re:Very admirable by dave420 · · Score: 1

      HSR isn't what you seem to think it is. In many countries it's used by poor and rich alike, and makes a great deal of sense.

    8. Re:Very admirable by captainpanic · · Score: 1

      High speed trains are awesome, and they're great for prestige and getting customers to buy that technology. Yet they're out of price range for the majority of customers.

      Yet they are only a fraction of the price of European high speed rail tickets. I would guestimate that the costs per traveled kilometer on Chinese high speed rail is only 25% of that in Germany or France.

      So, yes, it is relatively expensive to travel by high speed rail for the Chinese and many cannot afford it, but it is not ridiculously expensive either. Their economy is growing fast, and every year millions more people enter the income range where they can afford the high speed rail, so it makes a lot of sense to expand the network to accomodate for these new passengers.

    9. Re:Very admirable by Impy+the+Impiuos+Imp · · Score: 1

      China is less an example of Big Government projects and more of them not self-hobbling with environmental and other laws.

      There's a shipping harbor in South Carolina that has been trying to be deepened by 5 feet to accomodate Superpanamax ships (larger cargo carriers designed for the upcoming Panama Canal expansion.)

      This fight has been going on for longer than the original Panama Canal took to build.

      It's sad most of this in the US comes down to political battles between environmentalists and unionized construction worker jobs.

      --
      (-1: Post disagrees with my already-settled worldview) is not a valid mod option.
    10. Re:Very admirable by Anonymous Coward · · Score: 0

      It's always easier for politicians to spend money on new infrastructure than on maintaining existing infrastructure.

      Who wants to boast that they spent $X million maintaining existing infrastructure when they can boast spending $Y on a brand new bridge or highway? You don't get your name on a highway by repaving it.

      It'll never happen, because of the way we do budgets (and constitutional limitations), but it'd be nice to see bills for a new construction project include paying for out-year maintenance for that project.

    11. Re:Very admirable by Tough+Love · · Score: 1

      So why can Germans maintain their roads beautifully while Americans can not?

      --
      When all you have is a hammer, every problem starts to look like a thumb.
  17. The solution to their debt is to just not pay it by carlhaagen · · Score: 1

    Really, what is any other country going to do about it? At some point they will stop lending them money, but at that point China has already had half its nation reconstructed for free.

  18. unnecessary infrastructure? by fustakrakich · · Score: 1

    They can always have more kids to use it, and you can't grow an economy without growing the population.

    --
    “He’s not deformed, he’s just drunk!”
    1. Re:unnecessary infrastructure? by Malc · · Score: 1

      Maybe they'll start selling off their haul of USD$ that they acquired bailing out the profligate US government.

    2. Re:unnecessary infrastructure? by jandrese · · Score: 1

      To whom? They can't dump billions of USD worth of bonds onto the market without crashing their value. There's an old saying. A man with a million dollar loan is owned by the bank. A man with a billion dollar loan owns the bank.

      --

      I read the internet for the articles.
    3. Re:unnecessary infrastructure? by Malc · · Score: 1

      Hmmmm, having the power to cause a run on the USD sounds like a very powerful position to be in.

  19. Great wall a showcase? by Tough+Love · · Score: 1

    I hardly think so. For one thing, it is wrong to talk about "a" great wall, it is actually a sprawling agglomeration of many walls built over hundreds of years. Its primary function was a matter of survival, a military means of countering attacks from various upstarts in the north.

    --
    When all you have is a hammer, every problem starts to look like a thumb.
  20. Re:China wants prestige by Anonymous Coward · · Score: 0

    Pointing out some other country's projects does not change the nature of China's: pointless.

  21. pissing contest with the West by Anonymous Coward · · Score: 0

    And it's also going to win Mr. Xi the peeing contest with the West, so he can impress is subjects with that nationalist "Chinese Dream" of his. Won't change the fact that, for an supposedly communist country, China has a pretty bad social security net, which makes the US look good in comparison. Same goes for education, where children in rural countries have to bring their own desks to school because there's just no money for that from the government. But having a decent social system doesn't win you bragging rights like having the biggest p**n does.

  22. Re:China wants prestige by Anonymous Coward · · Score: 1

    So is the ISS.

  23. Really needs this much? by Anonymous Coward · · Score: 0

    China have how many times the population of the US? Or even Europe? Is the current infrastructure in China, in terms of extensiveness (i.e. don't just focus on the large cities), even comparable with that of either US or Europe?

    Doesn't take a genius to figure out that, if China doesn't really "need" (whatever that means) this much infrastructure, then US and Europe are positively swimming in excessive infrastructure right now.

    Envy much?

  24. Are They Compensating by Anonymous Coward · · Score: 0

    For something small?

  25. Communism requires strict govt control by definiti by raymorris · · Score: 0

    By definition, communism is government control of productive capacity - the ability to create anything. That means a lot of tight control by government. When the government is in control of everything, they can get things done. Not necessarily the right thing, but they can get things done.

    Further, there is noone in a position to seriously question the government. Consider if Obama ran MSNBC, CNN, and Fox, and the newspapers. Would his policies and decisions be debated in a meaningful way? Communism means the government controls all businesses, so no business is going to question the political leader.

  26. $115 billion by Snufu · · Score: 1

    Think of the possibilities. That could fill 230 potholes in California!

  27. Re:Communism requires strict govt control by defin by phantomfive · · Score: 2

    By definition, communism is government control of productive capacity - the ability to create anything.

    It means worker control of productive capacity.

    Further, there is no one in a position to seriously question the government.

    This is definitely not true, sometimes it happens in communism, but it doesn't need to be (and shouldn't be, freedom of speech is extremely important).

    --
    "First they came for the slanderers and i said nothing."
  28. can you own a power drill? Fix your neighbor's car by raymorris · · Score: 2, Interesting

    >. Civil rights are orthogonal to the economic system. You can have civil rights in a communist country. You can have private property. You just can't have private ownership of the production facilities

    You can have private property, you say. Can an individual own a cordless drill? Well, a cordless drill can be used to produce a table, so it's a means of production. In pure communism, that wouldn't be allowed.

    Suppose I own a drill, and enjoy making tables. My neighbor enjoys working on cars. Can he buy one of the tables I made? No, that would be a private business. Can he help me work on my car, and I give him a table. We'd both be exchanging items of value - doing business. I'd be producing tables, and only the government may produce anything. So double no, that would be two private businesses. See where this starts to be incompatible with human rights? But it gets worse:

    You're not allowed to make money by building tables, or otherwise using the productive capacity of whatever is around, right, so you must work for the government. Everybody gets a government check, with the amount decided by the government. Given that all jobs are working for the government, guess who decides what job you spend your life doing? That's right, the government. That doesn't tend to produce a booming economy, so people struggle - they are poor. (See any communist country in all of history for confirmation.). What does a father struggling to provide for his kids do when a neighbor offers to buy a table from him, if he'll build it? He builds the damn thing, of course. All up and down the block mothers and fathers are working their illegal side jobs to try to provide something more for their family than the meager existence offered by the government check. The communist government can't have EVERYONE running black market businesses. If everyone is permitted to run their own little business, that's a free market, the opposite of communism. So the government has to crack down on all of these people building tables, fixing cars, and baking bread for their neighbors. When the government feels the need to keep a close eye on what each person is baking in their own kitchen do you see where this is incompatible with freedom and liberty?

  29. Re:can you own a power drill? Fix your neighbor's by phantomfive · · Score: 3, Informative

    (See any communist country in all of history for confirmation.).

    There has never been one. Even the soviet union was merely socialist (and they never claimed to be communist).

    --
    "First they came for the slanderers and i said nothing."
  30. Re:Communism requires strict govt control by defin by dryeo · · Score: 3, Insightful

    By definition, communism is government control of productive capacity

    Are people this uninformed? by definition communism does not have a government. As others have pointed out, there has never been a communist nation state, just socialist and socialism comes in many varieties form authoritarian to libertarian, government ownership to things like co-ops and credit unions.
    The problem is the huge amount of successful propaganda that has been used on the people of America and that it has leaked to the rest of the world. Propaganda like Obama empowering the insurance industry even more by implementing a right wing medical system is socialist or communist.
     

    --
    https://en.wikipedia.org/wiki/Inverted_totalitarianism
  31. Jealous by captainpanic · · Score: 5, Interesting

    Yeah, the article reads as if written out of jealousy.

    Infrastructure is a good thing to build, as long as it is necessary. When it will be used, infrastructure is an economic multiplier. The article suggests that China is building far too much infrastructure, and then gives examples of unused infrastructure. But looking at their map (picture in article), they are building mostly subways in megacities (good idea), container terminals (good idea, the Dutch do the same), high speed rail (good idea), canals for irrigation (debatable, but hopefully low maintenance and long lifetime once completed), and a few crazy projects which may eventually flop.

    The funny thing is that China does not care if a handful of multi-billion dollar projects fail to deliver, and fail to have an economic payback. As long as the majority of the projects perform, they win.

    The Western economies are stuck somewhere between economic conservatism and economic fear. Corporations do not dare to invest this big, because for a corporation this can be a make or break, and that risk is too big. Also, corporations require a 3-5 year economic payback, whereas infrastructure typically has a much longer lifetime, and is only an enabler, causing economic growth, not immediate profit. Western governments do not dare to invest this big, because every dollar spent is analysed and they must win the next elections.

    Basically, we cannot do these kinds of projects, because we all fear for our pension and fear that we lose what we have. And we are jealous of the Chinese who can do this, and we talk ourselves to sleep with articles like this that predict that the Chinese got it wrong after all.

    1. Re:Jealous by Anonymous Coward · · Score: 0

      Wanted to write pretty much this.

  32. Re:Communism requires strict govt control by defin by khallow · · Score: 1, Informative

    by definition communism does not have a government.

    By definition:

    a way of organizing a society in which the government owns the things that are used to make and transport products (such as land, oil, factories, ships, etc.) and there is no privately owned property

    So no.

  33. Grandiose != Prowess by Anonymous Coward · · Score: 0

    China uses these megaprojects to showcase it's ostentation and gratify it's national ego. Engineering prowess, not so much.

    Look at their project management on any scale: they staff jobs the way the Russians conduct infantry assaults. Throw enough manpower at anything and it will eventually succeeed.

    They aren't very good at what they do, they just do a lot of it.

  34. Re:can you own a power drill? Fix your neighbor's by dave420 · · Score: 1

    You should read more about communism, then you won't make such silly assertions about drills not being allowed under it.

  35. You should maybe look into that a bit more.... by Anonymous Coward · · Score: 2, Informative

    What you are describing is some caricature of socialism.

    One of the primary concerns of Marx was that while in the past the workers owned tools of their trade (such as the drill you mention), industrialization changed that dynamic (why would your neighbour buy a table from you when he could buy one from factory for half the prize... and the profits go to the person who owns the factory while pre-unionization workers toil without ever earning enought to buy one of those increasingly expensive factory machines). Marx thus called for a system where society (Note: I do not use the word "government" for a reason) owns the means of (mass) production.

    So your "In pure communism you wouldn't be allowed to own a drill" example is quite silly when Marx effectively said "The problem with capitalism is that we are going towards a society where you can no longer provide yourself with the tools you own" (something that you call "a private business" which supposedly "wouldn't be allowed").

    I'm not defending communism, I've moved quite a bit right from my leftist youth, but I really think that you have a very poor understanding of the main concepts you are talking about.

  36. traditional and for good reason by johnwerneken · · Score: 1

    Megaprojects tend to be viewed as impressive or as to impress; as useful or not; as profitable or not. Chinese megaprojects are ALSO, perhaps MOSTLY, about creating and sustaining China as a nation, a people, a unified and long lasting thing. The Great Wall and the Grand Canal both had predecessors, going back to the earliest days of unified China. no megaprojects, no China.

  37. USSR, China, Cuba, Cambodia. Counter-example? by raymorris · · Score: 1

    >> Further, there is no one in a position to seriously question the government.

    > This is definitely not true, sometimes it happens in communism, but it doesn't need to be (and shouldn't be, freedom of speech is extremely important).

    ALWAYS. Look at the USSR, communist China, Coba, Cambodia under communism - anywhere and everywhere that communism has gained a foothold in government. Care to name a counter-example? You can't, because there is none.

    In THEORY, some being other than humans could have communism and human rights, on some planet other than earth. When you actually try to implement communism with humans, you ALWAYS end up with gulags. You have to, because that's the only way to impose communism upon the human spirit.

    1. Re:USSR, China, Cuba, Cambodia. Counter-example? by dryeo · · Score: 1

      San Marino, the oldest republic in the world. The problem with all your examples is they were authoritarian states that became communist, not democracies with a history of personal freedoms. As Russia and China show, becoming a democracy in Russia's case or a corporatist in China's place didn't change the authoritarian aspect of their governments. Lots of authoritarian governments have been right wing as well, look at the middle east and at various times most of Central and South America. Was the common Cuban more free in 1958?
      https://en.wikipedia.org/wiki/...

      --
      https://en.wikipedia.org/wiki/Inverted_totalitarianism
    2. Re:USSR, China, Cuba, Cambodia. Counter-example? by phantomfive · · Score: 1

      The Soviet Union never claimed to be communist. That was their goal, but they were fully aware they hadn't reached it yet.

      Communism in brief means the workers own the means of production. Note that this does not mean the government has to own the means of production. We can see the alternative in employee owned businesses, like Jack Stack wrote about.

      --
      "First they came for the slanderers and i said nothing."
    3. Re:USSR, China, Cuba, Cambodia. Counter-example? by phantomfive · · Score: 1

      btw, if you truly want to condemn Marx's writings, point out that he underestimated the value provided by those who allocate capital. There is no way around that point.

      --
      "First they came for the slanderers and i said nothing."
  38. The reason being, the need to hide the truth by raymorris · · Score: 1

    > (Note: I do not use the word "government" for a reason) owns the means of production.

    And that reason is, if you were to admit that the method by which an entire country is forced to do something all together is called "government", you'd be admitting that full government control of people's lives is a precondition to communism.

    "The whole of society does ____" means, in practice, "government does ____". To pretend otherwise is to lie to yourself, to _choose_ to believe falsely.

    1. Re:The reason being, the need to hide the truth by Anonymous Coward · · Score: 1

      Posting as AC to maintain mods.

      >be admitting that full government control of people's lives is a precondition to communism.

      I would point out that your example fails in the exact same way. The whole society partakes in capitalist actions means in practice that the government forces us to partake in capitalist actions. Just because it is actions that you personally agree with doesn't mean that everyone does.

      I would also point out that under the Marxist concept of communism, there is no government. There is no central authority. Once the system is in place, the central authority is eliminated and the communities work within the system and with eachother. So the above drill/car example would be fundamentally untrue. In reality though, no communism has ever existed. Instead, the central government is remains in place and instead of reducing it's control, it ramps up (often referred to as "Big-C Communism"). And you wind up with the authoritarian government you mention.

      It is in that regard that communism and capitalism are alike. Neither has ever actually existed in reality. They are academic pipe dreams and marketing slogans. In the real world we wind up with some hodge podge of socio-economic system with authoritative structures that promote the consolidation of wealth into a small number of select individuals. Capitalism, communism, aristocracy, doesn't matter. The end result is always the same.

      -Rick

  39. Re:Communism requires strict govt control by defin by nedlohs · · Score: 1

    Do you know what a dictionary is? Hint: they describe the meaning of words as they are used in general language. In other words they give the common meanings of words in the language in question - and hence reflect he successful propaganda mentioned.

    Try an economics reference, if you want the actual meaning of the term rather than the common non-technical usage.

    You'll also find incorrect definitions in the dictionary for technical terms in other fields, because surprise surprise, common usage of words doesn't always match their specific meanings in specific fields.

    Here's Lenin:

    From the moment all members of society, or at least the vast majority, have learned to administer the state themselves, have taken this work into their own hands, have organized control over the insignificant capitalist minority, over the gentry who wish to preserve their capitalist habits and over the workers who have been thoroughly corrupted by capitalism--from this moment the need for government of any kind begins to disappear altogether. The more complete the democracy, the nearer the moment when it becomes unnecessary. The more democratic the “state” which consists of the armed workers, and which is "no longer a state in the proper sense of the word", the more rapidly every form of state begins to wither away.

    For when all have learned to administer and actually to independently administer social production, independently keep accounts and exercise control over the parasites, the sons of the wealthy, the swindlers and other "guardians of capitalist traditions", the escape from this popular accounting and control will inevitably become so incredibly difficult, such a rare exception, and will probably be accompanied by such swift and severe punishment (for the armed workers are practical men and not sentimental intellectuals, and they scarcely allow anyone to trifle with them), that the necessity of observing the simple, fundamental rules of the community will very soon become a habit.

    Then the door will be thrown wide open for the transition from the first phase of communist society to its higher phase, and with it to the complete withering away of the state.

    Engels:

    When, at last, it becomes the real representative of the whole of society, it renders itself unnecessary. As soon as there is no longer any social class to be held in subjection; as soon as class rule, and the individual struggle for existence based upon our present anarchy in production, with the collisions and excesses arising from these, are removed, nothing more remains to be repressed, and a special repressive force, a State, is no longer necessary. The first act by virtue of which the State really constitutes itself the representative of the whole of society — the taking possession of the means of production in the name of society — this is, at the same time, its last independent act as a State. State interference in social relations becomes, in one domain after another, superfluous, and then dies out of itself; the government of persons is replaced by the administration of things, and by the conduct of processes of production. The State is not "abolished". It dies out. This gives the measure of the value of the phrase: "a free State", both as to its justifiable use at times by agitators, and as to its ultimate scientific inefficiency; and also of the demands of the so-called anarchists for the abolition of the State out of hand.

    Communism was really described as a process, the inevitable result of the industrial revolution and capitalism. The end of which was a society without a State. Clearly the theory was a tad flawed - it didn't take into account the reforms of worker conditions under capitalism that made it not so inevitable after all being the obvious truck sized hole. But "communism" is not "government control of productive capacity" - that's a step in the process, one that is supposed to be destroy itself.

  40. How are we any different? by tekrat · · Score: 1

    American *has* to have the biggest military on Earth.

    We spend more on "defense" than the next 10 countries combined. We have spent more on a single fighter plane program (the F-35, which still doesn't work), than the entire defense programs of most other nations on the planet.

    We just have our 'infrastructure" in a different way. Instead of building, we're looking to destroy. So when other countries make roads and dams, we make bombs.

    --
    If telephones are outlawed, then only outlaws will have telephones.
    1. Re:How are we any different? by dk20 · · Score: 1

      Well said.

      Look at the history of the US interstate system and see why it was built out..
      Back when it suited the US they spent money on infrastructure (creates jobs, ease of troop movement, etc).

      Much of this is now crumbling while billions are spent on newer "bombs" which serve little purpose.

  41. Re:Communism requires strict govt control by defin by Ksevio · · Score: 1

    Maybe people are just looking at all the governements in history that have called themselves communist?

  42. Re:The solution to their debt is to just not pay i by quenda · · Score: 1

    Not pay the debt? When a few hundred million Chinese citizens see their life saving evaporate, how secure do you think the Party is going to feel?

    Really, what is any other country going to do about it?

    What do other countries have to do with this?

  43. infrastructure or war on terra? by Anonymous Coward · · Score: 0

    China may be spending tax dollars like mad for infrastructure, but the US is also spending tax dollars like mad for things like Department of Homeland Security, drone strikes and undeclared wars all around the world while the US infrasturcture is deteriorating. So which do you prefer?

  44. Re:Communism requires strict govt control by defin by khallow · · Score: 1
    Neither Lenin or Engels is a economics reference. And since you complained of propaganda, why use the worst propaganda of the lot?

    Communism was really described as a process, the inevitable result of the industrial revolution and capitalism.

    In the real world, it was not by definition.

    The end of which was a society without a State.

    Whithering of the state has never been observed in the real world. Lenin didn't even try when he had the chance. To assume it happens as part of your definition just makes your definition deeply flawed.

  45. Re:The solution to their debt is to just not pay i by Anonymous Coward · · Score: 0

    china isn't borrowing to maintain what they have. they have enough money and man-power to MAINTAIN a larger nation than what china is today. what they are doing is "borrowing" money to PAY FOR a larger nation; borrowing money to have it constructed for free. simply, the rest of the world is paying for constructing the new china, and china has no intent of paying this back. countries that lend china money can't reclaim the buildings, can't reclaim the materials, the man-hours etc. when the chinese construction boom is over, china has gotten all of it for free and no one can do anything about it.

  46. ?!?!? San Marino half as communist as the US by raymorris · · Score: 2

    WTH are you talking about. San marino isn't communist - nowhere near.

    In a capitalist system, businesses are owned by private investors (in modern times, mostly people saving for retirement), and those private owners therefore get any profit the business produces.

    In a communist system, the collective (government) owns the businesses and therefore gets any profit made by an enterprise.

    Capitalist: private owners get the profit.
    Communist: government is the owner, gets the profit.

    All real-world countries fall somewhere in the middle of the spectrum. In the United States, for example, private investors are nominally the owners, but the government takes 39% of the profit, then takes 15% the remainder when it's distributed to the owners. In San Marino, the government takes 17% of the profit.

    United States: government has 39% stake, private owners have 61%
    San Marino: Government has 17%, private owners have 83%

    The United States can therefore be said to be "twice as communist" as San Marino.

    1. Re:?!?!? San Marino half as communist as the US by david_thornley · · Score: 1

      Taxes are not communism. Communism is not having people like stockholders and investors who own the means of production and hire people to use them.

      --
      "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
    2. Re:?!?!? San Marino half as communist as the US by dryeo · · Score: 1

      San Marino elected a communist government. Later they voted them out. Seems the communists didn't take all their rights away which is the question you asked, which country has been communist and retained their rights.
      You seem to be thinking of feudalism, where the government did own everything including the labourers.

      --
      https://en.wikipedia.org/wiki/Inverted_totalitarianism
  47. Yes China needs these projects by Anonymous Coward · · Score: 0

    Two comments to the issues brought up in this article:

    1) Dwarfing the Great Wall - This is a bit of an apples to oranges comparison. The Great Wall was actually a series of walls built between the 8th and 5th centuries BC. When the Qin Dynasty finally conquered it's neighbors and unified China in 220 BC, Qin Shi Huang, the founder of the Dynasty, ordered sections of it destroyed and the rest unified into a single existing wall to keep out the Northern barbarians. So unlike many of these existing mega projects, it was not planned from the get-go and was done at a time long before modern construction materials, logistics planning, and engineering techniques. So it's hard to really compare any modern mega project to the Great Wall.

    2) China does need these projects. Whether they truly need an underwater tunnel linking two cities or the Three Gorges Dam from an economic standpoint is highly debatable, however China historically has suffered internal unrest and revolution when it's peasantry is bored and unemployed, and loses faith in the Government's right to rule, the so called Mandate of Heaven. These projects display China's economic and technological might for it's populace (whether they have it or not), which helps them believe in the Communist Party's rule, as well as providing significant numbers of trade-level jobs. Both of which historically lead to internal harmony and stability in China, which reinforces the Communist Party's control over the country.

  48. Re:China wants prestige by Anonymous Coward · · Score: 0

    Know what the beauty is here? Since they are China's projects (not yours) their success or failure doesn't impact you does it?

    Are you paying for them?
    Do you have a vested interest if they succeed or fail?

  49. Very admirable by Anonymous Coward · · Score: 0

    I could be wrong, but my thought is most who post on any "China" related topic on slashdot have never been there.

  50. Re:Communism requires strict govt control by defin by nedlohs · · Score: 1

    I didn't "complain" of propaganda.

    And yes as defined by the early communist theorists communism a process made inevitable by capitalism. Wikipedia manages to get it right, it really can't be that hard...

    What has been observed in the real world is irrelevant. Communism is a theory, that is has been proven bunk doesn't change the details of the theory.

    The Copernican model of the solar system is also wrong, that doesn't make definitions about it "deeply flawed" - they're just clearly incorrect models of the reality, but that doesn't mean you get to pretend they claim whatever you like.

  51. Re:can you own a power drill? Fix your neighbor's by david_thornley · · Score: 1

    I'm not aware of any interpretation of communism that matches your description. Socialism is about providing workers with the means of production, which will typically be owned by the workers (individually or collectively) or the government. There's no problem with people running their own little businesses. There is a problem if they try to hire employees, as that allows "exploitation", and hiring people to work with employer-provided machines is anathema. There is typically nothing between one-person businesses and large state industries, and that is not a good way to produce wealth.

    Communism is a version of socialism in which everybody works happily for the benefit of all (BTW, this isn't necessarily leftist; it applies similarly to the somewhat right-wing Nationalist movement kicked off by Bellamy's "Looking Backwards"). In other words, socialism with a large dose of utopian fantasy. In that case, somebody who owns his or her own tools is, again, just fine.

    Socialism isn't opposed to the idea of a free market, although the inability to form a small capitalist-style company does hinder supply. In socialist countries, people are normally free to buy what they want, as long as it's available and as long as they make enough money (a couple of things that tend to lack in socialist countries in general), and either individuals will try to meet demand or the state-controlled industries will slowly shift.

    --
    "When you have eliminated the unacceptable, whatever is left, however improbable, must be the truthiness" - Holmes
  52. Re:Very admirable - two more cents by Chipmunk100 · · Score: 1

    I think some of us in this thread underestimate the Chinese economy. A good proportion of the Chinese are affluent and they can afford to use, and they do use the high speed rail system. Shanghai-Beijing route is just few hours by high speed rail and a great convenience. In addition, the way they moderate traffic in cities by heavily subsidizing buses (city bus ride in Beijing cost only 2 yuan) help them save a lot of gas and road space, and very helpful for the low income. We, in the US, have the idea that everything must be privatized and must run for a profit. Certain things just dont work like that.

  53. Re:can you own a power drill? Fix your neighbor's by Anonymous Coward · · Score: 0

    No True Scostmunist Country...

  54. Owning a business means getting the benefit of it by raymorris · · Score: 1

    > Communism is not having people like stockholders own the means of production

    What does "own the means of production" mean?
    It means, in this context, "own a business".

    What does it mean to "own" a business? To "own" a business means to get the profits from it. Stockholders get a share of the profits.

    Therefore, "government owns the means of production" means "government gets the profit from businesses". That's what "owning" a business means.

    If government gets 90% of the profit, for all practical purposes government is 90% owner of the business. Government essentially owns the business is called communism.

    In San Marino, businesses are privately owned - stockholders (investors) elect the board of directors and get the profit. Investors get MORE of the profit than they do in the US.

  55. duh by Anonymous Coward · · Score: 0

    Um as they very well should for a country with now easily twice if not 5 times the population during the periods the Great Walls were built, not to mention exponentially more advanced technology.

  56. nice by Anonymous Coward · · Score: 0

    I wish I lived in a country that gave a shit about infrastructure. Thanks, Obama.

  57. Re:The solution to their debt is to just not pay i by quenda · · Score: 1

    AC misses it. Most of the borrowing is internal.
    GDP is being diverted from consumption to infrastructure investment.

    But there is certainly precedent for what he describes. The US borrowed billions for a housing boom, selling Collateral Debt Obligations and other derivatives to pay for it. Much of the money will never be paid back, and nobody can sue the US government for allowing fraudulent credit ratings.

  58. Re:Communism requires strict govt control by defin by dryeo · · Score: 1

    You must have checked out a few definitions before finding that one. From Google,

    communism
    kämynizm/
    noun
    noun: communism; noun: Communism; plural noun: Communisms

            a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.

    From dictionary.reference.com

    communism definition. An economic and social system envisioned by the nineteenth-century German scholar Karl Marx. In theory, under communism, all means of production are owned in common, rather than by individuals (see Marxism and Marxism-Leninism).

    From thefreedictionary.com

    A theoretical economic system characterized by the collective ownership of property and by the organization of labor for the common advantage of all members.

    Then we get your definition and after we get from wikipedia,

    Communism (from Latin communis – common, universal) is a socioeconomic system structured upon the common ownership of the means of production and characterized by the absence of social classes, money, and the state; as well as a social, political and economic ideology and movement that aims to establish this social ...

    Then from www.businessdictionary.com

    Communism (from Latin communis – common, universal) is a socioeconomic system structured upon the common ownership of the means of production and characterized by the absence of social classes, money, and the state; as well as a social, political and economic ideology and movement that aims to establish this social ...

    These were all displayed by Google when searching for "define communism" and I'm too lazy to add all the proper URLs Note that a couple of these definitions include "no state"
    https://www.google.ca/search?q...

    --
    https://en.wikipedia.org/wiki/Inverted_totalitarianism
  59. Re:Communism requires strict govt control by defin by dryeo · · Score: 1

    You mean like the USSR, the Union of Socialist Soviet Republics? Generally what there are are a bunch of countries using (claiming) socialism to strive for communism and it is the propaganda that labels them communist. Socialism like so many political ideologies, comes in many forms and when implemented in countries with a history of authoritarianism usually ends up authoritarian. Similarly countries with a history of freedom usually end up more free.

    --
    https://en.wikipedia.org/wiki/Inverted_totalitarianism
  60. a few years, no right of assembly, then rifles by raymorris · · Score: 1

    Ah, you're talking about way back then. Let's be honest about what went down, okay?

    The population (a few thousand people) voted for about 25% communists.
    The communists struck a deal with the socialists (who also had about 25%) to share power.
    Note that most voters didn't vote communist or socialist, but the two parties successfully made a deal.

    The communists and socialists ruled together for a few years.

    The communists declared it illegal for six people to meet as a committee to remove them. - civil rights?

    The communists deployed soldiers who pointed rifles at elected representatives showing up to vote against them. - civil rights?

    When communists were unable to fend off the majority of the population who opposed them, they eventually left town.

    So in your mind, making it illegal to meet as a committee to oppose the party currently in power is not a violation of civil rights.

    It's also okay for the head of state to deploy armed units against the people trying to vote them out.

    I'm just curious, did someone lie to you about what happened, or did you make that up yourself? If the latter, this is something a I never quite understood. If you know you have to make up lies to support a position, that means you know that the truth doesn't support that position. Why would you advocate a position that you KNOW to be wrong, to be unsupported by the facts? Is it THAT hard to change your mind, that you have to lie to yourself and others rather than simply say "gee, it looks like that idea isn't right after all. I wonder which idea actually is right"?

  61. Re:Communism requires strict govt control by defin by khallow · · Score: 1

    "Common ownership" means government ownership at the country-level.

  62. Re:Communism requires strict govt control by defin by khallow · · Score: 1

    I didn't "complain" of propaganda.

    You wrote earlier:

    Do you know what a dictionary is? Hint: they describe the meaning of words as they are used in general language. In other words they give the common meanings of words in the language in question - and hence reflect he successful propaganda mentioned.

    There is the complaint.

    What has been observed in the real world is irrelevant. Communism is a theory, that is has been proven bunk doesn't change the details of the theory.

    To the contrary, it is quite relevant. Because why should we use the viewpoint of a "bunk" theory to establish a definition rather than commonly-held real world experience? In the real world, every nation-level attempt at communism has ended up with government control of property (well, more accurately, non-personal property, you sometimes were allowed to own the clothes on your back). This includes the effort by Lenin who you quoted as one of the people with an opinion on what Communism was supposed to be.

    There is another thing to keep in mind here. As a dogmatic ideology, Communism like a lot of its fellows, groups terms into good and bad connotation. Defining Communism as a wonderful stateless nirvana is IMHO a propaganda ploy to excuse the built in failure of the scheme. If the eventual outcome turns out terrible, then it's not "Communism" in the Marxist sense, by definition. You can't do anything with such impractical definitions except con people.

  63. Re:Communism requires strict govt control by defin by Anonymous Coward · · Score: 0

    "Common ownership" means government ownership at the country-level.

    Except as noted, several definitions that say common ownership also say there is "no state".

    You're not going to get through to many people if you interpret their words in such a way that their claims become self-contradicting nonsense. It just makes it look like you're purposely trying to make them look stupid, instead of trying to reason.

  64. Re:Communism requires strict govt control by defin by khallow · · Score: 1

    Except as noted, several definitions that say common ownership also say there is "no state".

    Given that there is a state in real world cases, I don't see the point to the definitions other than to delude and con people.

  65. Re:can you own a power drill? Fix your neighbor's by Intrepid+imaginaut · · Score: 1

    Ha please, when you organise yourself acording to the communist manifesto you're a communist country no matter what you call yourself, end of story. Besides which even marx couldn't figure out how a "fully" communist country would look or work.

    I guess we know now.