Tag Archives: China

Fantastic example of the failure of central planning

Chinese airports built to accommodate what central planners thought would be hot tourist spots are not meeting expectations.



At a time when anxiety is growing over the United States’ aging infrastructure, China is pouring billions of dollars into improving its transportation network to catch up with the developed world.

China has added about 40 airports in the last decade alone, bringing its total to 166. The U.S., by comparison, has 503 airports that serve at least 2,500 passengers a year, according to the Federal Aviation Administration.

But in the mad dash to expand China’s civil aviation system, many new airports are lacking one important thing: passengers.


“An airport is like a business card for the city. It can boost tourism and the economy,” said Xu Hongjun, a professor at the Civil Aviation University of China. “But a lot of small airports are not doing well. They need a lot of subsidies from the central government. They were too optimistic.”

With lessons like this all around us, why do we continue to do it?

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