China's high-speed railways now exceed 20,000 km in length with the opening of a line linking Zhengzhou in central China's Henan Province with Xuzhou in eastern Jiangsu Province Saturday. As of October 2013, high-speed rail was carrying twice as many passengers each month as the country’s airlines & will move >1 billion passengers this year.
The spread of high-speed rail has forced domestic airlines in China to
slash airfare (sla ...
China's high-speed railways now exceed 20,000 km in length with the opening of a line linking Zhengzhou in central China's
Henan Province with Xuzhou in eastern Jiangsu Province Saturday.
As of October 2013, high-speed rail was carrying twice as many passengers each month as the country’s airlines & will move >1 billion passengers this year.
The spread of high-speed rail has forced domestic airlines in China to slash airfare (slashing airplane pollution too) & cancel regional flights. The impact of high-speed rail on air travel is most acute for intercity trips under 310 mi.
China is the world leader in HS trains, while the U.S. barely has 1 - the Accela - which is one of the most expensive lines in the world ($152-$180) and whose parent company, Amtrack, has regular financial difficulties.
China's state spending & expertise result in much more efficient mass transit at lower costs.
Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a 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:
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Scott has appeared on TV/Radio and in in-person Presentations to explain the principles of Georgism, Greenbacking, and State Banking. These may also be found on his personal blog: http://newthinking.blogspot.com/
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Scott was an I.T. Manager for a major New York university for over two decades where he earned a Certificate for Frontline Leadership.
He had a video game published in Compute! Magazine: http://www.atarimagazines.com/compute/issue55/dark.php
Scott is a graduate and adjunct faculty of the Henry George School of Social Science in New York City.
Scott is a modern-day Renaissance Man with interests in economics, science and all future-forward topics.
He has been called an "adept syncretist" by Kirkus Discoveries for his novel, NeitherWorld - a two-volume opus blending Native American myth, archaeological detail, government conspiracy, with a sci-fi flair http://amzn.to/10nUoDV
Scott grew up in New York City and Pennsylvania. He graduated with honors and a Bachelor's degree in Psychology from Pennsylvania State University and was a member of the Psychology honor society PSI CHI.
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