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I agree with you. This will be a great project. The undersea tunnel with 123 kilometers will cross Bohai Bey, linking the harbor city (Dalian) and economic center (Yantai), so as to shortening the distance between these two cities up to 1000 kilometers.
I have to say that Chinese is smart in building all these infrastructure projects when labour is still cheap.
In developed countries, large project like this take a much longer time, much more money and are more likely to face tremendous political obstacle due to all the various interest groups, while China can benefit from its authoritative regime and do things much more efficiently -- not all projects make the best sense, but most benefit the people and country. Beijing and Shanghai have been building more subways in the past 10 years than developing cities can in 200 years. High speed train has been rolled out at light speed, no hassle, no bickering, then look at the LA-SF HSR, or all the envisioned projects unable to get built.
Labour cost is rising rapidly and is not comparable to say 10 years ago, but they can still afford it. When China becomes as rich as Taiwan or S Korea, it may no long build all these, especially if labour become unionzed, and people demand this and that and refuse to work as hard as they do now.
There might be a lot of controversy about China's various issues, but the fact they can get things done so much efficiently without all the tiresome political bickering is admirable. I am glad China doesn't succomb to external pressure and keep doing what it is doing - to build, to grow and to become richer and more powerful every day.
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