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Re:Why the decline of US power has been greatly exaggerated by darthrupert on Sunday December 03, 2023 @08:13AM (#38506817)
While true, this doesn't quite explain why China has plenty of high speed rail.
Re:Why the decline of US power has been greatly exaggerated by afpx on Sunday December 03, 2023 @09:02AM (#38507138)
Their rail company is almost $1T in debt.
Re:Why the decline of US power has been greatly exaggerated by seanmcdirmid on Sunday December 03, 2023 @11:50AM (#38508426)
It is privately funded by public SOEs, at least. The BJ-SH line makes enough money, the rest of the HSR lines are running at losses. Maybe they can make money on renting space in train stations like Japanese rail companies do.
Re:Why the decline of US power has been greatly exaggerated by JCharante on Sunday December 03, 2023 @09:08AM (#38507177)
Only $1T? That's so cheap!