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Worlds Largest Economies Ditch Coal (Read 1335 times)

rhino

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Re: Worlds Largest Economies Ditch Coal
Reply #15 - Jul 3^rd, 2021 at 4:29pm

thegreatdivide wrote on Jul 3^rd, 2021 at 1:13pm:

rhino wrote on May 29^th, 2021 at 2:56pm:

No they dont, completely wrong. The provincial governors get told what their GDP is going to be for the next year by their federal government, a target which they must achieve unless they are "disappeared". Hence, duplicate rail networks to nowhere and empty cities, all built to achieve GDP target regardless of need or usefulness.

More ideological narrative, not fact.

https://www.sciencedirect.com/science/article/pii/S1755309117300199

"Five-year plans have exerted a profound influence on China’s national economy and social life. They provide guidance for major projects and help fulfill government’s goals. An important objective of five-year plans is guidance for various industries, that is, industrial policies. Compared with the completely free market economy and the completely planned economy, five-year plans reflect a mixture of the two and are a manifestation of China’s pragmatism".

[/quote]No, actual fact. Thats where these ghost cities come from and train lines to nowhere, China is full of useless crumbling infrastructure.

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lee Gold Member Offline Australian Politics Posts: 21512 Gender:	Re: Worlds Largest Economies Ditch Coal Reply #16 - Jul 3^rd, 2021 at 4:58pm Build them and they will come.
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thegreatdivide Gold Member Offline Australian Politics<br /> Posts: 15655 Gender:	Re: Worlds Largest Economies Ditch Coal Reply #17 - Jul 6^th, 2021 at 4:21pm Bertie wrote on Jul 3^rd, 2021 at 4:18pm: Ok, so Australia will also peak in 2030 and become carbon neutral when China does in 2060. Good?? Yes very good. Except Oz won't achieve it, because self-interested Oz (and Western) fossil companies won't allow it,
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thegreatdivide

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Re: Worlds Largest Economies Ditch Coal
Reply #18 - Jul 6^th, 2021 at 4:28pm

rhino wrote on Jul 3^rd, 2021 at 4:29pm:

No, actual fact. Thats where these ghost cities come from and train lines to nowhere, China is full of useless crumbling infrastructure.

Maybe some wealthy rent seekers in China are buying houses and holding them empty for the capital gains. The CCP will deal with them.

As for rail lines to no-where, future prospects are always involved. China doesn't need to find things to spend money on...

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