> it's hard to argue that they don't build a lot very quickly
The problem the article discusses is that they've built too much too quickly. There's no one to buy or use it. Oversupply isn't useful and it costs a lot.
Same situation with EVs. EV oversupply is neither economic nor environmental:
> Basically, life should be better for citizens if governments are competing for legitimacy with them.
You're inventing democracy. China doesn't like democracy.
Taiwan likes democracy. China's determined to take over Taiwan, no matter what the Taiwanese think about it. China's quite happy to invade Taiwan to get it done:
The problem the article discusses is that they've built too much too quickly. There's no one to buy or use it. Oversupply isn't useful and it costs a lot.
Same situation with EVs. EV oversupply is neither economic nor environmental:
https://www.bloomberg.com/features/2023-china-ev-graveyards/
> Basically, life should be better for citizens if governments are competing for legitimacy with them.
You're inventing democracy. China doesn't like democracy.
Taiwan likes democracy. China's determined to take over Taiwan, no matter what the Taiwanese think about it. China's quite happy to invade Taiwan to get it done:
https://www.theguardian.com/world/2023/sep/13/china-unveils-...
China's message is "Fuck your democracy. Submit or we will invade and kill you until whoever is left submits".
So much for the competition of governments and the betterment of the lives of citizens.