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The article by Kiyotaka Matsuda in Bloomberg Business[1] makes the important point that "Whether any of this makes a shred of economic sense is another matter."
by tokenadult 12y ago
The article by Kiyotaka Matsuda in Bloomberg Business[1] makes the important point that "Whether any of this makes a shred of economic sense is another matter." Japan has a declining population, and the level of investment required to build a maglev train line is enormous. Countries with growing populations have decided against building high-speed rail lines, and Japan does not appear to have any export market for this technology. Even the first phase of Japan's proposed maglev train line project, running from Tokyo to Nagoya if built, would not be completed until 2027.
[1] http://www.bloomberg.com/news/articles/2015-04-21/world-s-fastest-train-records-speed-of-603-kilometers-per-hour http://www.bloomberg.com/news/articles/2015-04-21/world-s-fa...