this post was submitted on 27 Jul 2025
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There's no such thing as "HSR where it's not needed", especially in a country that's building housing at an insane pace. Each HSR station will just get a city built around it (hopefully not a car-dependent hellhole) and people will flock there.
Chinese government can print an infinite amount of Yuan out of thin air. They don't care about internal debts, what they do care about is popularity among their people, and "build more HSR" is a really popular policy in China because it obviously and immediately improves quality of life for loads of people. While it definitely will not "pay itself off", this is not the point of such projects.
Thinking about everything in terms of "profit motive" is exactly why the US is the way it is.
There are certainly reasons to dislike Chinese government. They are allowing overproduction of single-use plastics (which is horrible for the planet), they are building new coal plants in 2025 (which is horrible for the planet and the quality of air in China), and they are still sometimes building car-dependent hellholes for more affluent people. But it is still like the least bad government on this planet (or at least one of them), all things considered.
That's not how any of this works. Sure they can do that, but they cannot control the effects of having done so.
Ok, so infinite Yuan is a hyperbole, but for something so relatively cheap and so massively beneficial as rail, profitability really doesn't matter. China has more than enough resources and influence to eat the cost now and reap the benefits for the next century.