January 4, 2025

Are China’s Railways Profitable?

Are China’s Railways Profitable? Are China’s Railways profitable? Yes, China’s high speed rail is profitable and there aren’t many Chinese who haven’t personally profited from it, either. It’s an excellent, highly visible example of how China designs its programs holistically– whether they’re for infrastructure, social security or defense–and eliminates what Western economists call ‘externalities’ (things,

Are China’s Railways Profitable? Read More »

Why Does China’s government have fewer problems than America?

Why Does China’s government have fewer problems than America? China’s government has fewer problems than America’s government because China’s government is run by honest professionals. The PRC government makes decisions based on public feedback. America’s government is run by corrupt amateurs. They make decisions based on campaign contributors’ feedback. The results are easily seen in

Why Does China’s government have fewer problems than America? Read More »