They are a symbol of China’s technological prowess and the envy of the world. But the amazing web of high-speed trains is glued together by debt. After a funding frenzy during the past decade, the world’s second-largest economy now has the world’s largest railway network. Covering 127,000 kilometers, or 78,900 miles, it could circumnavigate the planet […]
Tag: financial risk
Posted inChina, European Union, Japan, Northeast Asia, Shanghai, World
