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Record-smashing Chinese maglev hyperloop train hits 387 mph and could someday outpace a plane (www.livescience.com)
submitted 2 years ago by to c/technology@lemmy.ml
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[–] 3 points 2 years ago (1 child)

Interesting to see China always doing bigger infrastructures projects. They are pouring money in, great stimulus for the regional economy (despite some cases of misuse) but gets two questions :

  • can such project become economically sustainable enough to last
  • can others outside of China benefit from such expenses
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  • [–] [S] 2 points 2 years ago

    When large scale projects are publicly owned, then there isn't really a worry about economic sustainability. In fact, this can be seen as long term job creation since these projects will require on going repair and maintenance. It also looks like countries in the Global South are already benefiting as China's been exporting their infrastructure there. For example, China built high-speed rail in Indonesia and subway in Vietnam.

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