Person of the Year-Bloomberg BW;3xChina’s Most Influential Economist;2xEconomist of the Year-Asia Private Banker;“The man called China’s boom & bust”-Bloomberg
China is digging a tunnel UNDER the Yangtze River to build a high speed rail. Investment will be 500bn yuan but with leverage it will be close to 1.5tn.
This is an insane level of engineering. China is clearly benefiting from the “STEM Dividend 工程师红利”, as the country produces 10x engineers as the US each year.