The Tongren municipal government in the southwestern province of Guizhou, has responded to the public’s questioning of building a hyperloop track with an American developer, insisting that the project will not cause a debt burden, The Paper reported.
Last Thursday, California-based Hyperloop Transportation Technologies (HTT), which plans to develop a transportation system based on the hyperloop concept envisioned by Elon Musk in 2013, signed a deal with Tongren city to build its first track in China.
However, the project has been repeatedly questioned by members of the public, as Tongren is located in Wuling Mountain, an area lacking economic development.
Some locals are afraid that it is nothing more than an “image project” and that politicians signed on to boost their political careers. They also fear that it will increase the local government’s debt burden and, in the end, have to be paid by taxpayers.
In response, the government emphasized it will establish a joint venture company in Tongren City with HTT with a 1:1 capital contribution ratio.
Also, the cost of such hyperloop track per kilometer is lower than that of the current high-speed rail, the government claimed.
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Wow! Is this the Elon Musk thingy? You nean we Chinese have already hacked his PC before he’s got a chance to turn it on? NO doubt this http://www.spacedaily.com/reports/Chinese_scientists_achieve_success_in_nitrogen_metallization_999.html is yet anther Chinese thievery… What will these Chinks steal from the West now? Hey! I wouldn’t mind at all if it’s this one of the kind technology — one of the kind technology that no one except Americans in the higher ups can hack into…
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Oh, here’s that special American technology I was refering to…
https://www.thesun.co.uk/news/5378738/karen-mcdougal-donald-trump-playboy-model-claim-affair/… Awesome Man! State if the Arts stuff…
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China may not have electoral democracy, but it does have public opinion, and governments there have to worry about that and not get out of step with their citizens. There are more ways of making sure the public has input into government than just elections full of false advertising every four years. I may prefer our system, but the choice is not as clear-cut as we have been propagandized into believing.