China looks to slow growth of struggling high-speed rail

Plan will derail local governments' efforts to boost economic figures

20210331 Caixin high speed rail RC200G9D97CX

The total length of China's high-speed rail network jumped 91% between 2015 and 2020.  © Reuters

BAI YUJIE and LU YUTONG, Caixin

China is introducing guidelines to limit new high-speed rail construction along underused routes as it seeks to drop projects that give short-term boosts to local economies but add to the huge debts of regional governments.

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