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alex Lo
China Observer
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Comments by "alex Lo" (@alexlo7708) on "$44 Million Loss per Day | High-Speed Rail, the Gray Rhino Impacting China’s Economy | Ghost Rail" video.
You deceive yourself. Japan is among government with highest debt to gdp on earth. Their new maglev line will punch more severe loss to their budget.
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China built HSR is not for profit of the enterprise but for profit of the people all over there. Had they focus on real business only ,their HSR would have concentrated in east coast region only. Clip commentor is some kind of shallow.
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@Destroyer4700 You're VERY wrong. " that all HSR construction and operation uses private money and has is not funded by the Japanese government " All Japanese conglomerates are hidden hugh funded by Japan government. That's why Japanese govt is among the highest govt's debt in the world!!! more than 200+% to gdp. Latest example of Japanese govt rudeness patronage to Nissan by put the French Renault car president in jail. When Japan electronic conglomerate wanted to carve in US industry market in '80. Japan govt had poured huge money to their investment and finally had US govt got angry and ruined them down.
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@suhasvenkatakaramalaputti4598 Why do you think they didn't have conventional railway?
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