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The economic viability and cost for middle and lower income groups of China's high speed rail network
06/13/2006
The huge infrastructure investments -estimated at $300 billion- planned for China's high speed rail network began with a decision in 2004 and were accelerated with stimulus investments after 2008. The cost is about 555 yuan o($86) for the cheapest ticket on the 300 mile Beijing-Shanghai route or 9% of monthly disposable per capita income for urbanites. This creates questions of affordability and access for the majority of Chinese. Rail revenues will not be sufficient to pay for the investment and operation of the lines.
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