CW.231.VIKING BOER – CHINA WATCH – China’s BULLET TRAINS Problems

[VIKING BOER]

CW.231.VIKING BOER – CHINA WATCH – China’s BULLET TRAINS Problems

Why CHINA now has a serious problem with its famous BULLET TRAINS

https://youtu.be/mAFVHJ-6FEY?si=B2I9xeP019EVIPX7
********************************
Jan 30, 2023 #bullettrain #china #economicsnation
In 2007, there was only one high-speed train line in China, that is, one that reached speeds of 155 miles per hour. However, only 15 years later, China has the most extensive high-speed rail network and already exceeds 23,000 miles. To get an idea, the second country with the most extensive high-speed rail network is Spain, with more or less 2,500 miles. And the third is Japan with 1,800 miles. And it all started in the early 1980s under the leadership of Deng Xiao Ping, who was China’s leader for almost two decades. After a visit to Japan in 1978, Deng Xiao Ping was impressed by the world’s first bullet train. From this, the idea of producing high-speed trains was born. However, China first had to import advanced foreign technology from France, Germany, and Japan.

The expansion of the bullet train network accelerated after the 2008 financial crisis and, years later, it would become one of the symbols of China’s booming economy. The problem is that by 2035 they plan to have 70,000 km, or 43,000 miles of high-speed rail lines. That is almost double the current length and these ambitions may be a bad idea. So the question is: if China’s high-speed rail network is a symbol of the country’s economic development to the world, why is it a bad idea to keep expanding it?
**********************************

[Author]

Posts