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Why China’s Mobile Coverage is Superior to that of the US — Zhang Chi

Summary:
China treats Internet access as a public good and provides it universally as a public utility.Actually, many countries have wider access to better connection at a more reasonable price than the US. The Internet in the US is another rent-extraction machine.The US puts its public monies into the war machine and black budget paramilitary.China is arguably wise to do this rather than "generous." The basis for a developed society, including the economy, is security, social cohesion, culture, institutions, and infrastructure. For a modern society this includes education and health care, and in the digital age, access to the Internet and digital technology.Bill Totten's WeblogWhy China’s Mobile Coverage is Superior to that of the US Zhang Chi via Global Times

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China treats Internet access as a public good and provides it universally as a public utility.

Actually, many countries have wider access to better connection at a more reasonable price than the US. The Internet in the US is another rent-extraction machine.

The US puts its public monies into the war machine and black budget paramilitary.

China is arguably wise to do this rather than "generous." The basis for a developed society, including the economy, is security, social cohesion, culture, institutions, and infrastructure. For a modern society this includes education and health care, and in the digital age, access to the Internet and digital technology.

Bill Totten's Weblog
Why China’s Mobile Coverage is Superior to that of the US

Zhang Chi via Global Times
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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