Despite the doubters, China has the means and commitment to spur inclusive growth for all.
As discussed in part one of this series, toll roads have become a commercial proposition in contrast to a network efficiency solution, so what alternative should the government be providing?
Toll roads are a short-term, stop-gap solution to fund infrastructure, but they don’t ensure an entirely efficient and equitable road system.
Australia and other developed Western societies prefer consumption of services to physical products. This trend is well established, however it has yet to run its full course. In fact, infrastructure is only just starting on this transition, and while there is plenty of room for catch up, the consequences will be significant.