Great overview of the great globalization build-out going on inside China

WORLD: "Rebuilding The Middle Kingdom: To cushion itself against recession, China is investing in one of the most ambitious public-works programs ever seen," by Simon Elegant and Austin Ramzy, Time, 1 June 2009.

Clear proof that Time actually remains a news magazine: Look! An actual story!

Bit of a misdirect on the causality: this build-out long in the planning and making and executing. It was merely sped up in response to the global economic crisis, but it was going to unfold anyway.

Good overview, with the usual stuff sprinkled in about China's "growing assertiveness" that, to me at least, consists mostly of complaining.

Comments

[Louis Heberlein]

"this build-out long in the planning and making and executing. It was merely sped up in response to the global economic crisis, but it was going to unfold anyway."

China is using this time and situation for setting up the next stage of its economy and society. It is not just a welfare jobs effort.

If it gets accepted, the US energy transformation highlighted by The Smart Grid will have similar impacts on US economy and society.

It also was "long in the planning and making and executing. "

[Rick Price]

I must admit, I had given up on TIME decades ago. It reminds me of the Weekly Reader from grade school.