China plans to impose stricter conditions on the construction of new high-speed rail routes in the future to alleviate debt for regional governments, according to a new guideline issued by the State Council. According to a report by business portal Caixin, new lines will only be built to cities that have more than 15 million inbound and outbound trips per year. Route expansions should only be possible if existing routes are at least 80 percent full.
Continue reading now
… and get free access to this Professional Briefing for a month.
Are you already a guest at the China.Table? Log in now