this post was submitted on 05 Jun 2026
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Sino
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land is state-owned so they don't have to pay market value for land acquisition, which averages $12 million per mile in the u.s. compared to $400k in china
environmental reviews and regulatory compliance averages $9 million per mile vs. $180k in china
parasitic capitalism, which he calls "supply chain", which averages a 22% markup on constructions costs for u.s. projects for another $8.3 million difference
so mostly central planning and not having to deal with private property rights
This is super interesting I might end up clicking link, thank you for the great reply