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l332mn | 4 years ago
> Chinese construction standards are de-facto low
Compare major cities in China with major cities in the west. Compare road infrastructure (esp. highway infrastructure) and train infrastructure in densely populated areas. Their highway network is an impressive feat. China is surpassing the west, and has already surpassed the west in infrastructure standards in many areas, e.g. by pioneering high-speed railways.
https://edition.cnn.com/travel/article/china-fastest-maglev-....
The US is currently making an attempt to improve the dire infrastructure situation, but we'll see how that turns out considering the intrinsic inefficiencies of state / federal infrastructure planning in the US. IMO it's almost surely to be hijacked by capital and the money will thus to a large extent be funnelled away to corrupt and undeserving profiteers.
https://news.wttw.com/2021/04/26/lightfoot-launches-1st-phas...
https://la.curbed.com/2016/11/1/13493756/los-angeles-driving...
> but almost a 0% chance that we will see GDP/capita
GDP is not an accurate measure of general economic development in the modern world. The high GDP of the US does not correlate with its failing infrastructure, its inefficient medical and educational system, high amount of poverty, drug addiction and crime etc. The financialisation and de-industrialisation of the US economy decoupled the material standards of the people from the profits of the rich, and thus GDP is largely a fictitious number. So much of GDP is tied up in meaningless activity, like the production of overpriced weaponry, increasing bureaucratization and the prevalence of so-called "bullshit jobs", and in a corrupt and immoral finance / property sector which also poses a direct threat to global economic stability (cf. the financial crisis of 2008). Let's compare living standards, not GDP. China is rapidly surpassing the US in this area. While they still have rural areas which are underdeveloped, they have made major strides this decade and recently eradicated extreme poverty. Their next step is to eradicate poverty altogether.
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