3 ms·
While true, this doesn't quite explain why China has plenty of high speed rail.
by darthrupert 3y ago
While true, this doesn't quite explain why China has plenty of high speed rail.
- afpx 3y agoTheir rail company is almost $1T in debt.
- JCharante 3y agoOnly $1T? That's so cheap!
- seanmcdirmid 3y agoIt is privately funded by public SOEs, at least. The BJ-SH line makes enough money, the rest of the HSR lines are running at losses. Maybe they can make money on renting space in train stations like Japanese rail companies do.