China’s fast-growing high-speed railway network faces reality
The article pointed out that China’s high-speed railway network was 45,000 kilometers at the end of 2023, but only 2,300 kilometers, or 6% of the total, could make a profit. It said that out of all 16 high-speed railway lines, only six in coastal cities are profitable. They include the Beijing-Shanghai, Beijing-Tianjin, Shanghai-Hangzhou, Ningbo-Hangzhou, and Guangzhou-Shenzhen lines.
It said the most...
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