Yet somehow they have built up more infrastructure in a year then we did in decades while running a huge trade surplus.
We get back disposable crap that does not create any lasting assets.
That's just one example but I was impressed when I saw it. And they have been adding 1 new LINE per year in Beijing, wheras we don't even add 1 new station per year in most US cities.
Have you been to China recently?
We spend most on military, social security and medicare. China doesn't.
https://lh5.googleusercontent.com/Rv5UHrNsvcucvflDwwz_pqEjjH...