The T-Flight is a maglev train that hit a record-breaking speed of 387 mph on a short test track — but engineers want to double that rate so the train can carry passengers at speeds faster than if they were traveling by plane.
Interesting to see China always doing bigger infrastructures projects. They are pouring money in, great stimulus for the regional economy (despite some cases of misuse) but gets two questions :
can such project become economically sustainable enough to last
can others outside of China benefit from such expenses
When large scale projects are publicly owned, then there isn’t really a worry about economic sustainability. In fact, this can be seen as long term job creation since these projects will require on going repair and maintenance. It also looks like countries in the Global South are already benefiting as China’s been exporting their infrastructure there. For example, China built high-speed rail in Indonesia and subway in Vietnam.
Interesting to see China always doing bigger infrastructures projects. They are pouring money in, great stimulus for the regional economy (despite some cases of misuse) but gets two questions :
When large scale projects are publicly owned, then there isn’t really a worry about economic sustainability. In fact, this can be seen as long term job creation since these projects will require on going repair and maintenance. It also looks like countries in the Global South are already benefiting as China’s been exporting their infrastructure there. For example, China built high-speed rail in Indonesia and subway in Vietnam.