@India Super Power
this video shows insane bridges built by china at insane speed Imagine anyone proposing such infrastructure projects in india he/she would be called autistic just like narendra modi was called autistic and laughed at when he said its possible to make toilets in India
There as 2 kind of people who are sceptical of infra projects :
1. Who want to see proper economic feasibility study before getting excited - these are great people.
2. Those who say we cannot build infra because there are so many poor people and we need to give free electricity, free bus rides, free fertilizer, free tv, free tirth yatra, free, free, free - These people are scum.
As far as china is concerned, we cannot follow their model of infra building. Their massive debt fuelled construction boom was not based on economic decision but on political decision to make sure unemployment is low (high unemployment is problematic for dictatorships, there is lot of political science research done on what causes biggest issues for autocratic rule, top 2 are food price inflation and unemployment, that's why china's hoarding so much food as well).
To give you a sense of the scale, China currently has 6.5 crore empty homes (enough to house 20 crore people), and their population is officially decreasing, and they are still constructing houses. On top of that real estate is 15% of chinese gdp, in case of India its 6% (remember this 15% is pure real estate, plus there are allied sectors like steel , cement on top of that). That's why economists say Chinese GDP is inflated.