Chinese labor and Chinese firms are able to build their national infrastructure at low cost. U.S. capital infrastructure investment, particularly for highways, railroads and energy services are made at a much higher cost
The economic race is on. Investment capital should go into long-term project that build up the capacity to create GNP growth. That is how we build America from 1860 through 2000.
SOURCE: http://databank.worldbank.org/data/reports.aspx?source=world-development-indicators&preview=on#
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