this post was submitted on 26 Apr 2024
277 points (97.9% liked)
Technology
59106 readers
3944 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Rail also has a sort of hidden economic benefit in that once you overcome the network effect, it boosts economics on a larger scale. Some people in China thought it was crazy for the government to build high speed rail at the speed and scale that they did, and that it would never compete with flights, etc. And yes, the line all the way out to Xinjiang is not profitable and subsidized by other lines. But the overall benefit to the Chinese economy by connecting all the major cities together can't be underestimated.