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China high speed rail costs are two thirds the cost of the next lowest cost country

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Scott Baker
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High Speed Rail Network in China: 250kph = 155mph, 350kph = 217mph, From Images
High Speed Rail Network in China: 250kph = 155mph, 350kph = 217mph
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China high speed rail costs are two thirds the cost of the next lowest cost country. By the end of 2013, China had built a high speed rail[1] network of over 10,000 route-km, far exceeding that in any other country and larger than the network in the entire European Union. It has been accomplished at a cost which is at most two-thirds of that in other countries.

According to a World Bank paper titled High-Speed Railways in China: A Look at Construction Costs, several factors influence the cost of a high speed rail project construction. The major factors include the line design speed, topography along the alignment, weather conditions, land acquisition costs, use of viaducts instead of embankments, the construction of major bridges across wide rivers, and the construction of mega stations.
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Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a former blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former and current President of Common Ground-NY (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of (more...)
 

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