[melling]

People have been saying China is going to crash for a couple of years now. I suppose if you say it every year, you'll eventually be right. All economies have downturns.

However, they already have 12,000 miles (20,000 km) of hsr that carries over 1 billion passengers a year. Most of this was built in a little over a decade. So, it's not a stretch for them to continue at this pace. According to the WSJ, they've spent $120 billion in 2015 and 2016 on hsr. That means that spending is about the same until 2020.

http://blogs.wsj.com/chinarealtime/2016/07/20/chinas-busiest...

The 1.5 miles first stage of the 2nd Avenue Subway opens tomorrow. That took 9 years and $4 billion. My bet is that China will have 10,000 more miles of hsr before the rest of the 8.5 mile 2nd Ave Subway is finished

[ithinkinstereo]

> People have been saying China is going to crash for a couple of years now. I suppose if you say it every year, you'll eventually be right. All economies have downturns.

Actually people (especially those in the west) have been saying China is going to crash for a couple of _decades_

>The 1.5 miles first stage of the 2nd Avenue Subway opens tomorrow. That took 9 years and $4 billion. My bet is that China will have 10,000 more miles of hsr before the rest of the 8.5 mile 2nd Ave Subway is finished

And this is exactly why it won't!