Anti-regime ethnic alliance has made sweeping gains on the site Beijing has earmarked for a rail link to Indian Ocean.

cross-posted from: https://lemmy.ca/post/8792992

cross-posted from: https://lemmy.ca/post/8792661

Despite fierce fighting in northern Shan State near its border, China continues to push Myanmar’s military regime for implementation of Belt and Road Initiative (BRI) projects in the country.

  • zerfuffle
    1·
    11 months ago

    At the end of the day, infrastructure is an incredibly powerful driver of economic growth. Second and third order effects make infrastructure investments almost always worthwhile, even when they go drastically overbudget as is the case with HS2 and CAHSR.

    A government makes money not only from the direct impacts (fares, electricity cost, etc.) but also the secondary impacts to industry and the tertiary impacts of stable supply driving new markets.