Still not as rich as the USA.
China’s GDP is 17.79 trillion dollars compared to the USA’s 27,36 trillion.
There’s plenty of money to invest in public infrastructure, but no one wants to do it.
Yeah, just to add, per capita the difference is even starker. The low population density in the US makes it extremely costly to build a high-speed railway from east to west coast, but there is no good reason why there is no railway between LA-Bay Area-Sacremento, and a high-speed rail connection along the East Coast is a no brainer.
Yeah that’s what happens when all your manufacturing is outsourced there. China is insanely insanely rich now
Still not as rich as the USA.
China’s GDP is 17.79 trillion dollars compared to the USA’s 27,36 trillion.
There’s plenty of money to invest in public infrastructure, but no one wants to do it.
Yeah, just to add, per capita the difference is even starker. The low population density in the US makes it extremely costly to build a high-speed railway from east to west coast, but there is no good reason why there is no railway between LA-Bay Area-Sacremento, and a high-speed rail connection along the East Coast is a no brainer.
USA is very wealthy. It’s always a choice what to invest in.