High Speed Rail Versus Austerity
Harvard Business Review
APRIL 8, 2013
Between 2006 and 2010, the Chinese central government spent billions of dollars on new bullet trains that connect second and third tier cities with the mega cities of Beijing, Shanghai, and Guangzhou — but of course bullet trains don''t connect every smaller city to a mega city. Here''s China''s story. Effect 2: dispersed population.
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