The Times (April 26)
“Few would envy the King his task when he begins his state visit to the United States on Monday.” Given the circumstances, his Mother would likely have cancelled the trip. We should “praise him for taking on a challenge that many would prefer to duck.” Hopefully, the visit will prove “an opportunity to prevent a temporary rupture in the special relationship from becoming permanent estrangement” and that “King Charles can be a bridge over troubled water for US and UK.”
Tags: Bridge, Cancelled, Challenge, Estrangement, King Charles, Opportunity, Permanent, Prevent, Rupture, Special relationship, State visit, Task, U.S., Visit
Bloomberg (March 3)
There is a “big problem with China’s bridge and tunnel addiction.” It looks unsustainable. “China spent more than $10.8 trillion on infrastructure from 2006 to 2015…. Outlays for roads, airports, ports, railways, and the like rose 17.4 percent last year, far outpacing the country’s 6.7 percent expansion in gross domestic product.” To maintain the pace, Beijing is promoting public-private partnerships (PPP), but these look “unstable.”
Tags: Addiction, Airports, Bridge, China, GDP, Infrastructure, Ports, PPP, Railways, Roads, Tunnel, Unstable
