So, the Hong-Kong government have decided to go ahead and spend a vast amount of the reserves on a white elephant rail project.It will be the most expensive rail project ever undertaken, by a massive 300% on a $ per mile basis.
The previous record was held by the Channel tunnel, but at least this was the first land link between England and France, it could be justified. This rail link cannot be justified, as Hong-Kong already has numerous rail and road links to China.
There is also another even larger project being undertaken which passes through Macau, but why? Macau holds no importance to Hong Kong, and its only trade is gambling. This project will be 70% funded by Hong Kong, but yet Hong Kong stands to gain the least benefit to its economy.This smells of corruption, as the whole thing defies logic, and has very few supporters.
The puppet legislative council has again ignored the obvious will of the people.How long can this continue?
Scuffles erupt outside Legco building (from RTHK)
16-01-2010
Demonstrators opposed to the Guangzhou high-speed rail link lie down in the road.
Protesters outside the Legislative Council building reacted angrily to the vote approving $67-billion in funding for the Hong Kong to Guangzhou high-speed rail link. Some of them scuffled with police - and several protesters were pepper-sprayed. Organisers say about 8,000 people were outside Legco - amid a heavy police presence. They included both supporters and opponents of the project.
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