Mon Nov 26, 2018, 04:35 AM

China just opened the world's longest sea bridge. Cost $20 billion, 20 times as long Golden Gate

Aria Bendix, 24 NOV 2018

After nine years of construction and controversy, China officially unveiled the world's longest sea bridge at an October ceremony in Hong Kong.

At more than 34 miles long, the Hong Kong-Zhuhai-Macau Bridge is part of a master plan to create a global science and technology hub by connecting two Chinese territories, Hong Kong and Macau (the world's largest gambling center), to nine nearby cities.

With an economic output of $1.5 trillion, the new mega-region — known as the Greater Bay Area — is positioned to rival Silicon Valley. The plan also includes the construction of an $11 billion bullet train, which opened in September.

The bridge is not open to public transit, so only certain vehicles — shuttles, freight cars, and private cars with permits — are allowed to cross. Pedestrians and bicyclists are prohibited.

While some have criticized the structure as a waste of taxpayer dollars, others tout its ability to connect up to 70 million people in the region...more:

What has the US done lately?

Syrian civilians killed in US-led airstrikes, war monitor says | 18 Nov 2018

At least 40 people, mostly women and children, have been killed by US-led airstrikes on the last pocket held by Islamic State militants in eastern Syria, according to a war monitor and Syrian state media.

Rami Abdurrahman, head of the Britain-based Syrian Observatory for Human Rights, said the airstrikes on Saturday hit homes in Abu al-Hassan village, near the town of Hajin, which lies along the border with Iraq... link

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Reply China just opened the world's longest sea bridge. Cost $20 billion, 20 times as long Golden Gate (Original post)
Aquila Nov 2018 OP
Aquila Nov 2018 #1
Solesurvivor Nov 2018 #2

Response to Aquila (Original post)

Mon Nov 26, 2018, 04:40 AM

1. China: The Land That Failed To Fail

They didn’t like the West’s playbook. So they wrote their own.

The West was sure the Chinese approach would not work. It just had to wait. It’s still waiting.

China: The Land That Failed To Fail

By PHILIP P. PAN Photographs by BRYAN DENTON NOV. 18, 2018

In the uncertain years after Mao’s death, long before China became an industrial juggernaut, before the Communist Party went on a winning streak that would reshape the world, a group of economics students gathered at a mountain retreat outside Shanghai. There, in the bamboo forests of Moganshan, the young scholars grappled with a pressing question: How could China catch up with the West?

It was the autumn of 1984, and on the other side of the world, Ronald Reagan was promising “morning again in America.” China, meanwhile, was just recovering from decades of political and economic turmoil. There had been progress in the countryside, but more than three-quarters of the population still lived in extreme poverty. The state decided where everyone worked, what every factory made and how much everything cost.

The students and researchers attending the Academic Symposium of Middle-Aged and Young Economists wanted to unleash market forces but worried about crashing the economy — and alarming the party bureaucrats and ideologues who controlled it.

Late one night, they reached a consensus: Factories should meet state quotas but sell anything extra they made at any price they chose. It was a clever, quietly radical proposal to undercut the planned economy — and it intrigued a young party official in the room who had no background in economics. “As they were discussing the problem, I didn’t say anything at all,” recalled Xu Jing’an, now 76 and retired. “I was thinking, how do we make this work?”...

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Response to Aquila (Original post)

Mon Nov 26, 2018, 05:08 AM

2. Must be nice to build stuff without going through the

Hassle of asking the people you rule for permission. We don’t need a bridge that big but could you imagine the hearings and court challenges? You know that huge dam they built where many towns got wiped out? Lefty would never let that fly

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