You can't trust China not to rig the tech somehow Cheaper and faster yes, but at what cost? Deal with the devil. It's a state owned company. They are not that poor. They don't need the money that bad. What's their motive? China is involved in extensive espionage. Don't trust it.
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Would China let a company owned by a foreign government construct key infrastructure within its jurisdiction? Quick answer: no. They don't even allow Google to display their geography correctly on Google Maps.
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No concern for property rights, local government/resident resistance, political timing or regulations. Remember that China boasted the HKMB could be built so fast because they didn’t follow HK safety standards.
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It'll be quick, until the first derailing takes all lives, or cheaper materials fail spot checks and the line must cease operation for months or even years anyway, or the Chinese insist on 51% ownership that throttles revenue back to local economy. You get what you pay for.
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Why is infrastructure building so slow and mismanaged?
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Public-private partnerships where private sector bids low but the public sector (the taxpayers) underwrites the cost overruns. So the private side doesn't have the same market mechanisms driving them and ultimately no one ends up accountable anywhere.
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Exactly. A main road to Princeton University will be closed for a year to replace two 20 foot bridges. It’s embarrassing.
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Japan, 1973
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"The prime minister said he wanted to bring that date forward to 2035 but CRCC has said it can deliver the whole line by the middle of this decade."
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Why the difference?
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In china, failure and corruption are dealth with by a bullet in the back of the head.
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