China’s high-speed rail network has been low speed in adoption – but that’s set to change

//China’s high-speed rail network has been low speed in adoption – but that’s set to change

China’s high-speed rail network has been low speed in adoption – but that’s set to change

China’s expensive and underused high-speed rail network is beginning to see the light at the end of the tunnel.It can thank rapid urbanisation, growing wanderlust and rising incomes, which are combining to put success of the world’s largest high-speed rail network on track, experts say.“In our view, urbanisation and changes in travel behaviour make it a necessity to have even more rail infrastructure in place,” Lesley Liu, infrastructure and industrial research analyst at HSBC, wrote in a…

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By | 2019-06-30T09:11:55+00:00 June 30th, 2019|Business|Comments Off on China’s high-speed rail network has been low speed in adoption – but that’s set to change