China's $1T Plan to Shake Up the Economic Order

Post by kaybe » Sun, May 14, 2017, 12:12 AM UTC

jon_richards wrote: post #129

petra wrote: post #60

Earlier quoted context omitted.

With that timetable,compared to sea shipping we're talking about 3-5x faster time, but the cost will be about double - $8K-10K/container. But of course that saves money in warehousing and financing. So financially, today it makes sense for the more expensive goods, at $1.5M per container. And it's best because there's not a lot of capacity vs sea routes. But i wonder: could those prices, with more/better trains etc,…

Container ships are about 2.5 times as fuel efficient as trains. I'm not sure what percentage of total cost that is, but I imagine it is significant.

Post by panzer_wyrm » Sun, May 14, 2017, 12:17 AM UTC

jon_richards wrote: post #129

petra wrote: post #60

Earlier quoted context omitted.

With that timetable,compared to sea shipping we're talking about 3-5x faster time, but the cost will be about double - $8K-10K/container. But of course that saves money in warehousing and financing. So financially, today it makes sense for the more expensive goods, at $1.5M per container. And it's best because there's not a lot of capacity vs sea routes. But i wonder: could those prices, with more/better trains etc,…

Container ships are about 2.5 times as fuel efficient as trains. I'm not sure what percentage of total cost that is, but I imagine it is significant.

Post by Kali909 » Sun, May 14, 2017, 12:51 AM UTC

matt_wulfeck wrote: post #53

propman wrote: post #48

Earlier quoted context omitted.

LOL nothing compared to China. China partners with startups, steals their IP and then escapes back to the homeland and no course of legal action. They get all the access to the West's markets and then give almost no access to their own. Their companies are all backed by the government and it's rigged in their favor. They cheat constantly, check out the EU scandal where they smuggle goods into London don't pay equal t…

China doesn't even allow its own citizens to read about things like the Tiananmen square massacre. If they could censor the rest of the world they would. Even their citizens abroad will tow their party's line [0] 0. http://www.latimes.com/local/california/la-essential-educati...

Post by agumonkey » Sun, May 14, 2017, 1:13 AM UTC

marcell wrote: post #77

I'm struck by China's ability to attempt large, ambitious projects like this, compared to America's inability to do, well, anything really. The largest infrastructure project I'm aware of in the USA is California's High Speed Rail (~$60B+), was approved a decade ago and is barely making any progress. The federal government is in complete gridlock. The most ambitious legislation passed in the last decade, the ACA, cau…

Post by culturalzero » Sun, May 14, 2017, 1:28 AM UTC

awkwardtortoise wrote: post #139

nostromo wrote: post #13

The "China vs America" narrative is unnecessary. If China wants to spend a trillion dollars on infrastructure to develop their region that's a great thing for America too. Counterintuitively, it could even be better for the US than China. Eventually the demand for low-margin, subsidized, Chinese steel will flatten, while the demand for high-margin American technology and cultural products will grow.

> The "China vs America" narrative is unnecessary. It's central to the current world event. The major theme of the 21st century is going to be china's growth in power vs the US. Power is a zero sum game after all. If china's power increases, it's going to come at the expense of the lone superpower. > If China wants to spend a trillion dollars on infrastructure to develop their region that's a great thing for America…