China’s new bridges: Rising high, but buried in debt
CHISHI, CHINA: Soaring over a lush valley in southern China, the Chishi Bridge is a 1.4 mile marvel of concrete and steel. Four piers, like graceful tuning forks as tall as skyscrapers, secure cables suspending a four-lane expressway 610 feet above fields of corn and rice.
Squinting up from a dirt road below, Gu Tianyong, a 66-year-old farmer, pondered the colossus, which is a shortcut linking southwestern China with the east coast.
“The government wouldn’t have built it if it was useless,” he said. “It does nothing for me, but must be useful for the country.”
The Chishi Bridge is one of hundreds of dazzling bridges erected across the country in recent years. Chinese officials celebrate them as proof that they can roll out infrastructure bigger, better and higher than any other country can. China now boasts the world’s highest bridge, the longest bridge, the highest rail trestle and a host of other superlatives, often besting its own efforts.
Leaders defend the infrastructure spree as crucial to China’s development.
In 2016 alone, China added 26,100 bridges on roads, including 363 “extra large” ones with an average length of about a mile, government figures show. In all, China has accumulated more than 4,200 of these extra-large bridges.
China is the world’s glorified mason.
Unfortunately, it has sunk itself into deep debt building roads and bridges that are going nowhere, considering the volume of traffic they see and the transportation needs they serve.
And now China wants to build roads and bridges in other nations. Which nation would be stupid enough to incur debt to promote China’s trade and give onsite jobs to its construction workers abd engineers?
Bubble has started busting. The biggest bust will be CPEC.
Indian bridges burried, broken .. dalling apart … all coz of corruption mixed in cement . . INDIA IN 1000 YEARS CANT MATCH THE INFRA OF MAJOR CHINESE CITIES. All the best
India is more in debt than China check the world debt index to find it out !
Indian mouth – UK – 14 hours ago
India will take another 75 yrs to be where china is today.
Well, may be another 750 yrs.
However, Indians can match and surpass China in 1 MOUTH by talking!
Sorry, in 1 month, but who cares.
Sour and fear
Sour and fear – US – 16 hours ago
Many Indians, especially the staff of this TOIlet, are vomiting sour grapes above due to jealousy and wetting their pants down below due to fear.
What a strange way of reasoning: If you build nothing, you will not accumulate any debts!