• CosmoNova@lemmy.world
    link
    fedilink
    English
    arrow-up
    7
    arrow-down
    11
    ·
    edit-2
    1 month ago

    Great example of another tech that is slowly bankrupting China because of it‘s overly excessive but poor implementation. One trillion dollars of debt and rising for a network that is barely used in most parts.

    • alcoholicorn@lemmy.ml
      link
      fedilink
      English
      arrow-up
      11
      arrow-down
      8
      ·
      edit-2
      1 month ago

      Did you just make that up? According to wikipedia (it cites a chinese-language source I can’t read), average occupancy was increasing until 2016, where the statistics end.

      But we can infer later occupancy from other statistics:

      Passenger trips per year increase every year, with a drop in 2020, but it went back up to 3.68 billion in 2023, 1.6x what it was in 2019 and 3x what it was when occupancy had increased to 72%

      There’s issues, such as that it tends not to run through city centers, but lack of occupancy doesn’t seem like one. In any case, cheap intercity transit is a public good that benefits the whole country. Being able to travel 800 miles in 4 hours for 40 bucks is incredibly convenient.

      What next, are you going to claim China is full of ghost cities because building enough housing that everyone can afford it is bad actually?

      • CosmoNova@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        arrow-down
        2
        ·
        edit-2
        1 month ago

        None of what you said is even related to the one trillion (and rising) debt in any way. Why don’t you stay focused on the argument but instead dump random facts into the discussion?

        By the way you literally just have to type “china highspeed rail debt” in any search engine of your choice and get bombarded with facts about it. Why didn’t you even try?

        • alcoholicorn@lemmy.ml
          link
          fedilink
          English
          arrow-up
          1
          arrow-down
          1
          ·
          edit-2
          1 month ago

          You said “the network that is barely used in most parts.”

          I looked it up and showed you that it’s used so much they’re continuing to expand capacity along most routes.

          I didn’t bother to address the railroads being run at a deficit because the neoliberal brainrot it requires to think that mass transit must extract a profit is painful to even imagine.

          Do you think public roads, buses, and subways should be run for profit too?