Now that's some serious infrastructure investment!
That Chinese train yard picture is so serious. Once upon a time, the Dow Jones industrial average was a composite metric designed to roughly characterize the rail industry, including steel production, machining and manufacture, real estate, and use. The health of that industry was found to be predictive of the health of the entire country, and although the DJIA shifted from rail, it is still predictive of nationwide economic health.
China, in my eyes, just proved how far ahead they are - and my jaw is on the floor. Those trains represent so much. It's not merely that they exist - and all of the economic activity inherent in making them exist - but now that they exist, they are an engine of productivity. All the people who can move now...
was taken in Wuhan, China of more than 20 high speed trains.
How many people have even heard of Wuhan before? It has a population of over 10M.
I keep reading reading in Indian newspapers where our politicians keep on saying we have to catch up to China but I just dont think its possible.