Li Daokui, Professor, Tsinghua University— “Why don’t people in Hong Kong or New York buy cars? Why are people in Beijing and Los Angeles different?” For the former, high population density, expensive parking, and developed public transportation are major factors. Considering the high costs of keeping a car in Hong Kong and New York, it’s more feasible to use public transportation. In New York, you can hire a driver or take a taxi, and considering you don’t have to pay for parking, it’s not too expensive compared to owning your own car. On the other hand, Beijing and Los Angeles are very spread-out, with underdeveloped public transportation systems, moderate parking costs, and are relatively inexpensive places to own a personal car, which result in heavier traffic.
March 24, 2014
March 20, 2014
October 24, 2013
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SR: The Week’s China Reads
Every week, China Program’s Senior Advisor Dr. Robert A. Kapp compiles a reading list and provides commentary, for you to better understand China.
Robert A. Kapp is senior advisor to the China Program at the Carter Center. He has been principal of Robert A. Kapp and Associates, a business consulting firm, since 2004. From 1994 through 2004 he served as President of the United States-China Business Council…