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China High Speed Rail Sufficiently Profitable for the New Expansions
Wednesday, September 12, 2012 16:30
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Passenger ticket revenues have so far matched expenses — including debt payments — for the busy Beijing-Tianjin, Shanghai-Nanjing, Beijing-Shanghai and Shanghai-Hangzhou lines, a source at the National Development and Reform Commission (NDRC) told Caixin.
The financial health of the Beijing-Shanghai line exceeded expectations during its first operating year, which ended in June.
See more and subscribe to NextBigFuture at 2012-09-12 16:23:03 Source: http://nextbigfuture.com/2012/09/china-high-speed-rail-sufficiently.html
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