Topic: High-Speed Rail

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China's real estate bubble? Three reasons it's not.

Many analysts and market watchers, whose job it is to warn of impending real estate bubbles, have trained their sights on China. It's easy to see why. The economy has expanded an average 10 percent a year for the past 30 years, an incredible growth rate. Average housing prices tripled between 2005 to 2009 alone. But here are three reasons Chinese real estate has more room to run on the upside before the good times end:
China's online protest movement

The online outpouring of anger and sympathy after a weekend bullet train accident in China killed at least 39 people has highlighted a robust criticism that exists online, sometimes beyond the reach of even the most powerful Chinese Internet censors.
Photos of the Day: Photos of the Day 06/27
In Pictures: High-speed rail worldwide
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I Wish: movie review

Director Hirokazu Koreeda shows a strong affinity for the humors and longings of childhood in 'I Wish.'
Jerry Brown's Waterloo Station? California high-speed rail takes a new hit.

A congressional committee says it will investigate federal funding for California's embattled high-speed rail project. California Gov. Jerry Brown's continued support is making him an increasingly lonely voice.
Chapter & Verse
Railroad historian says California is on wrong track

Stanford professor Richard White, author of 'Railroaded,' voices his staunch opposition to California's high-speed train
Why Jerry Brown is standing firm on shaky California high-speed rail plan

Another report critical of California's $100-billion high-speed rail project – the second this month – has not shaken Gov. Jerry Brown's faith in the plan. He has his eyes on his legacy, some say.
Jerry Brown's defiant State of the State: California is still golden

With chronic budget woes engulfing California, many analysts had expected a 'gloom and doom' State of the State address from Gov. Jerry Brown. They got nothing of the sort.
Green Economics
California's high speed rail hits a speed bump

The head of California's multi-billion dollar high speed rail project has resigned, and the question remains: can the state really finance such a big project?
Did $98.5 billion high-speed rail project just hit a wall in California?

An independent review panel says the plan for a high-speed rail corridor linking northern and southern California poses 'an immense financial risk' to the state and should not move forward.
China's critics don't represent the voice of the Chinese people

China's politically-stifled intelligentsia has painted the recent train accident as a symbol of the Communist Party's failings, warning against the perils of rapid economic growth. But these Internet-wielding elite are venting personal frustration, not voicing the will of the Chinese people.
China's real estate bubble? Three reasons it's not.

Many analysts and market watchers, whose job it is to warn of impending real estate bubbles, have trained their sights on China. It's easy to see why. The economy has expanded an average 10 percent a year for the past 30 years, an incredible growth rate. Average housing prices tripled between 2005 to 2009 alone. But here are three reasons Chinese real estate has more room to run on the upside before the good times end:
After China train crash, it's not just rail safety that worries Chinese

Last week's China train crash, which killed some 40 people, has reinforced a sense of unease with the pace of the nation's development.
China's online protest movement

The online outpouring of anger and sympathy after a weekend bullet train accident in China killed at least 39 people has highlighted a robust criticism that exists online, sometimes beyond the reach of even the most powerful Chinese Internet censors.
Public calls for change of track following bullet train crash in China

Online messages allowed Chinese to learn quickly about an accident involving two new high-speed trains. The public has reacted furiously to a lack of transparency about the cause.
Photos of the Day: Photos of the Day 06/27
High-speed rail speed claim in China faked

High-speed rail: A deputy chief engineer at the ministry, told the financial magazine Caijing that the trains' maximum operating speed should be 300 kph rather than the originally targeted 350 kph.
China pushes rail links into southeast Asia: Is Laos aboard?

China's ambitious rail project in Laos could bring prosperity, some say. But others in region doubt that’s high on Beijing’s agenda.
Bin Laden fallout: Do US trains need a 'no-ride list'?

Osama bin Laden wanted Al Qaeda to attack US rail transportation on the 9/11 anniversary, according to intelligence taken from his compound. A 'no-ride list' for Amtrak is being considered.
In Pictures: High-speed rail worldwide
Green Economics
A historical look at subsidizing railroads

The Obama administration will invest a large sum of cash into high speed rails. Historically, how have railroad investments impacted the US economy?
Derailed? Third GOP governor rejects Obama high-speed rail plan.

Gov. Rick Scott of Florida declines $2 billion of federal money in deciding not to build a Orlando-to-Tampa high-speed rail line. Two other governors have made similar moves. It suggests a rocky road ahead for Obama's $53 billion rail plan in the Republican House.
GOP critic calls Joe Biden's $53 billion high-speed rail plan 'insanity'

Vice President Joe Biden proposes spending $53 billion on a national high-speed rail network, but important Republicans in the House are less than enthused.
In Pictures: Germany Inc
In Pictures: China's landmarks
Photos of the Day: Photos of the day: 12/23
Who will host the 2018 World Cup?

The 2018 and 2022 FIFA World Cup hosting rights will be decided today in Zurich, Switzerland. Here's the short list for the 2018 World Cup bid:
What’s the best way to modernize our transportation?

With a lagging economy, high unemployment, and aging transportation systems, Americans debate the best ways to invest in their infrastructure and stimulate economic activity – from high-speed rail and congestion pricing, to cutting pork and tapping private capital.