China’s Fast Track Growth

Here’s more evidence that Robert Hart and Jack London were right when they predicted that China would be a super power again. These two Western men spent time in China, got to know the culture and realized the potential of the Chinese people.

Bullet trains, something the United States doesn’t have due to the national debt and partisanship between political parties more interested in who packs the pork barrel than running the country efficiently, have raced into China providing jobs for hundreds of thousands of Chinese and a faster, fuel efficient way to get around.

With the Lunar New Year and more Chinese traveling home than the population of Russia, another, fast, energy efficient means of public transportation was needed.  When the economy collapsed under President George W. Bush due to real estate, banks and Wall Street greed, the Democrats and Republican’s started pointing fingers at each other and throwing more debt around.

In China, where debt does not rule and the savings rate is 40%, instead of arguing and tossing blame about, the Chinese started working. Is this evidence that one political party is more efficient than two?

My thanks to Ian Carter for bringing the Chinese bullet trains to my attention–visit his Blog to “see” more of China, or discover why China is Studying Singapore

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Lloyd Lofthouse is the award-winning author of My Splendid Concubine [3rd edition]. When you love a Chinese woman, you marry her family and culture too. This is the love story Sir Robert Hart did not want the world to discover.

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One Response to China’s Fast Track Growth

  1. […] that (about Global warming), which is why it is investing heavily in clean-tech, efficiency and high-speed rail. It sees the future trends and is betting on them. Indeed, I suspect China is quietly laughing at […]

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