China unveils roads to nowhere great leap backwards

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Japanification anyone?

China plans to build a highway network of 461,000 kilometers by 2035 and further expand it to become a world-class one by 2050, the country’s top economic planner said on Tuesday.

The National Development and Reform Commission (NDRC) and the Ministry of Transport unveiled a document called National Highway Network Planning on Tuesday, saying that China aims to build a modern highway network that is fully functional, efficient, green, intelligent and safe by 2035.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.