China’s Naval Dragons Go Off Leash?
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  • As is well known, China relies on state investment in freeways, airports, fast trains, and tall buildings to maintain full employment. But now that their infrastructure is pretty much built out (and then some) a mega buildup of their navy seems a distinct possibility. Shipbuilding employs lots and lots of people. A country that can complete a stretch of freeway in a month which would take years in the US could probably build ten carrier groups and dozens of nuclear powered submarines in surprisingly short time. Don’t be surprised if it happens.

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