• TheOubliette
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    1 month ago

    has been built with massive debts

    While they have been financed it has not resulted in substantial long term debts.

    no immediate commercial viability

    Lmao. This is public infrastructure not a business grift.

    When the private sector is in charge of things like this they do it worse and at higher expense btw.

    Not a million miles away from Victorian railway companies in London building lines for, hoped for, future demand.

    Very different, actually.

    I hope it works out, but there is for sure a risk of it becoming a millstone.

    I’m sure the Redditor that thinks public infrastructure needs commercial viability has plenty of useful lectures for the Chinese state on how to drive production and transportation.