Re:China’s Huge 3D Printers, Soon Able to Print Automobile-S...
by seanmcdirmid on Saturday February 08, 2014 @07:08PM
(#7203523)
> the tolls are either private companies or government run tolls, that isn't corruption, that's taxation and enterprise.
How do you think business works in China? All of these infrastructure projects are deeply guangxi based, and there is no better guangxi than family (e.g. how all the taxi companies in Beijing are run by official relatives).
> So they don't have affordable housing because they don't allow enough things to invest in?
Most housing is not built for people to live in, its built as investment vehicles for rich people. This is true even in 2nd tier cities, not just the first tier ones. Its a country wide problem that the government is trying to tackle.
> China has (some) the highest logistic costs in the world? Are you sure about that? Can I see a chart of 'world logistic costs'?
About 5X of developed country logistic rates. Sure, India might be higher, but China's "great" infrastructure should have lowered logistic costs to developed country levels, and it it hasn't yet (mainly due to corruption).
How do you think business works in China? All of these infrastructure projects are deeply guangxi based, and there is no better guangxi than family (e.g. how all the taxi companies in Beijing are run by official relatives).
> So they don't have affordable housing because they don't allow enough things to invest in?
Most housing is not built for people to live in, its built as investment vehicles for rich people. This is true even in 2nd tier cities, not just the first tier ones. Its a country wide problem that the government is trying to tackle.
> China has (some) the highest logistic costs in the world? Are you sure about that? Can I see a chart of 'world logistic costs'?
About 5X of developed country logistic rates. Sure, India might be higher, but China's "great" infrastructure should have lowered logistic costs to developed country levels, and it it hasn't yet (mainly due to corruption).
[1] http://www.chinadaily.com.cn/business/2012-04/25/content_151...