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rail as a rail stalls in the U.S.
As President Donald Trump feuds with California Governor Gavin Newsom over funding for the state's long-planned high-speed train, China has been further expanding its high-speed rail — the world’s longest.
The U.S. and China announced ambitious plans to fund high-speed rail projects backed by government stimulus packages during the financial crisis in 2008. Since then, the length of high-speed rail lines in China has expanded to 18,000 miles, accounting for more than two-thirds of the world's total. That’s five times more than what Japan has built since the 1960s.
How about the U.S.? As we know, high-speed rails haven’t changed the way people travel in America as President Barack Obama once envisioned. States selected for rail project funds, including Wisconsin, Ohio and Florida, turned down the federal money as they saw little benefit to embark on such a project.
But China’s ambition of building high-speed rails shows no sign of slowing down. With another 6,000 miles under construction, China aims to cover 80% of metro areas with high-speed rails by 2020. People’s Daily, the party’s mouthpiece, has reportedly pledged to keep investing and growing rail networks in China. “While the one-time investment in the railway project is extremely high and the recovery cycle is long, the huge spillover effect of the railway is also an indisputable fact,” the article said.
https://www.yahoo.com/finance/news/c...193536831.html
As President Donald Trump feuds with California Governor Gavin Newsom over funding for the state's long-planned high-speed train, China has been further expanding its high-speed rail — the world’s longest.
The U.S. and China announced ambitious plans to fund high-speed rail projects backed by government stimulus packages during the financial crisis in 2008. Since then, the length of high-speed rail lines in China has expanded to 18,000 miles, accounting for more than two-thirds of the world's total. That’s five times more than what Japan has built since the 1960s.
How about the U.S.? As we know, high-speed rails haven’t changed the way people travel in America as President Barack Obama once envisioned. States selected for rail project funds, including Wisconsin, Ohio and Florida, turned down the federal money as they saw little benefit to embark on such a project.
But China’s ambition of building high-speed rails shows no sign of slowing down. With another 6,000 miles under construction, China aims to cover 80% of metro areas with high-speed rails by 2020. People’s Daily, the party’s mouthpiece, has reportedly pledged to keep investing and growing rail networks in China. “While the one-time investment in the railway project is extremely high and the recovery cycle is long, the huge spillover effect of the railway is also an indisputable fact,” the article said.
https://www.yahoo.com/finance/news/c...193536831.html
Paul Marin -19 is one thing, 20 is a whole other matter. It gets even worse if they win the UCL. *groan*. 
05/18/2011.MU fans naah cough, but all a unuh a vomit?-Lazie 1/11/2015