Comment by yogthos

I find people tend to miss the productive aspects of Chinese state led investments because they don't consider their value at scale. Take the HSR system, it has been derided time and again as being wasteful, and too expensive, and so on. Yet, now it's become a key artery for trade and commerce across China. It allows goods to move at an incredible speed, boosts tourism, and helps overall development of many regions which otherwise wouldn't see much economic activity.