
China’s Bullet Train Fiasco: A Warning to America
Well, the Chinese finally have a green-energy idea worth stealing: arrest government officials who foist overpriced, underperforming, debt-ballooning, money-losing projects on taxpayers. Earlier this year, Liu Zhijun, Minister of Railways in the People’s Republic of China, was arrested following investigations into cost overruns and poor performance of the ministry’s showcase bullet trains. To be fair, […]