http://news.yahoo.com/s/nm/20110613/bs_nm/us_roubini
china's bullet trains -- it appears -- are a huge folly. i am personally a fan of japan's shinkansen, but whenever i have been on those, they have been jam-packed, not empty.
china is full of empty, grandiose projects -- typical potemkin stuff. skyscrapers that are not inhabited. roads that are not used. there was a recent story of a 13-storey skyscraper that actually fell over, too. so their construction techniques are similar to indians'.
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