China’s massive increase in logistics investment

We’ve talked about China’s rising logistics costs, related to the developed world, and their need to improve logistics infrastructure before. China Logistics News has a new post today outlining the massive investment China has made to the logistics infrastructure:

China’s fixed-asset investments in logistics-related sectors hit US$126 billion in the first three quarters of the year, up 18.8%. All of the figures are up and all of them are somewhat mind-boggling. Indeed, some are so large it is difficult to get a handle on them.

Read the whole thing.