Off the rails?
High-speed trains might be forced to go a little more slowly
Mar 31st 2011 | BEIJING | from the print edition
CHINA’s high-speed rail network is probably the world’s most ambitious public-works project, a 21st-century equivalent of America’s Interstate highway system. Officials crow at each new speed milestone and each dramatic reduction in intercity-travel times. But after the disgrace and sacking of the railways minister and a series of other corruption investigations, the construction of the system itself may be shunted onto the slow track.
In 2008 China had only 649km of high-speed railway. It now has nearly 8,400km, four times as much as the next-largest network (Japan’s). The total will approach 19,000km by 2014, according to analysts at UBS, a Swiss bank (see map). That would be ten times as extensive as Japan’s. China is also adding copious amounts of traditional track and upgrading lines, mostly intended for freight. Estimates for the bill range from $530 billion to $750 billion in today’s money—comparable to America’s interstate system, which cost over $400 billion in 2006 dollars.