China’s New Bridges: Rising High, but Buried in Debt - News Summed Up

China’s New Bridges: Rising High, but Buried in Debt


“Infrastructure is a double-edged sword,” said Atif Ansar, a management professor at the University of Oxford who has studied China’s infrastructure spending. Unless such projects are reined in, the study warned, “poorly managed infrastructure investments” could push the nation into financial crisis. Advertisement Continue reading the main storyThe vertiginous Duge Beipan River Bridge, the world’s highest, vaults a 1,853-foot-deep chasm in southwest China. On the Aizhai Bridge, drivers shoot out of a tunnel to cross a 1,165-foot-deep gorge and then whiz straight into another tunnel. The Qinglong railway bridge carries high-speed trains over a graceful arch 968 feet above the Beipan River in Guizhou Province.


Source: New York Times June 10, 2017 17:15 UTC



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