These are corporations that run the railroads. They do exist to make a profit. China is not a totally socialist country. they’re pretty market oriented but with a strong centrally planned flavor. Their own stated goal, if you had bothered to read my comment before replying, is to be profitable
If you had bothered to actually read the article and if you had bothered to actually research anything at all about the topic at hand, we probably wouldn’t have the discussion.
The reality is the high speed rail it China is not solvent and is operating at a tremendous loss. That’s just reality. The question is if that loss serves a larger benefit to Chinese society. It’s a gamble either way.
Again, the same applies to e.g. the road network in the USA. Infrastructure is there to facilitate economic growth and freedom. Without roads it’s much harder to transport goods, get people to work, give people the mobility to move to jobs that are farther away while still being able to live closer to where they want and so on and so on.
And the same applies to public transport as well.
Only supreme idiots would argue that roads should turn a profit. And public transport is much cheaper at transporting people than roads.
These are corporations that run the railroads. They do exist to make a profit. China is not a totally socialist country. they’re pretty market oriented but with a strong centrally planned flavor. Their own stated goal, if you had bothered to read my comment before replying, is to be profitable
Ok, let’s assume you read the article. Quiz question: who owns the China State Railway Group Co Ltd? (Hint: it’s in the name)
Also, I guess you didn’t just invent the “stated goal” of the China State Railway Group, so it should be quite easy for you to find said stated goal in their actual stated goals (http://wap.china-railway.com.cn/english/about/aboutUs/201904/t20190408_92993.html), correct?
If you had bothered to actually read the article and if you had bothered to actually research anything at all about the topic at hand, we probably wouldn’t have the discussion.
The reality is the high speed rail it China is not solvent and is operating at a tremendous loss. That’s just reality. The question is if that loss serves a larger benefit to Chinese society. It’s a gamble either way.
Again, the same applies to e.g. the road network in the USA. Infrastructure is there to facilitate economic growth and freedom. Without roads it’s much harder to transport goods, get people to work, give people the mobility to move to jobs that are farther away while still being able to live closer to where they want and so on and so on.
And the same applies to public transport as well.
Only supreme idiots would argue that roads should turn a profit. And public transport is much cheaper at transporting people than roads.
It’s !mildlyinfuriating@lemmy.world that people don’t understand what infrastructure is and what it’s there for.