High Costs and Safety Issues Cloud High-Speed Rail Projects
(Beijing) -- China's massive plans to build high-speed railways could be revisited by top decision makers after the ousting of the Minister of Railways, Liu Zhijun. Sources told Caixin that since Liu was detained, the State Council has held several meetings to evaluate the financial sustainability of the project as well as its safety standards.
Projects that have already started construction won't be affected, but the rest might be delayed, said Zhu Junfeng, deputy research fellow at the transportation institute of the National Development and Reform Committee.
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