Business and Economics

Did China steal Japan’s high speed train?

What could drive the normally unlitigious Japanese into such a frenzy? Not only did China copy their technology, say the Japanese, after patenting remarkably similar high-speed-rail (HSR) tech, CSR now wants to sell it to the rest of the world — as Chinese made.

How did China get bullet train technology?

China's early high-speed trains were imported or built under technology transfer agreements with foreign train-makers including Alstom, Siemens, Bombardier and Kawasaki Heavy Industries.

Why China can build high-speed rail so cheaply?

In the projects supported by the World Bank, the estimated cost of viaducts in China ranges from Yuan 57m to Yuan 73m/km for a double-track line. Such costs are kept low through standardisation of the design and manufacturing process for casting and laying bridge beams on viaducts.

Did China invent high-speed rail?

China debuts world's fastest train

(CNN) — A maglev bullet train that can reach speeds of 600 kilometers per hour (373 miles per hour) has made its debut in Qingdao, China. Developed by the state-owned China Railway Rolling Stock Corporation, it's considered the world's fastest train.

When did China get high-speed rail?

High-speed rail services were first introduced in 2007 operating with CRH rolling stock. Those run on existing lines that have been upgraded to speeds of up to 250 km/h (160 mph) and on newer dedicated high-speed track rated up to 350 km/h (220 mph).

Why doesn’t the US have high-speed rail?

The United States has no such corridors. High‐​speed rail is an obsolete technology because it requires expensive and dedicated infrastructure that will serve no purpose other than moving passengers who could more economically travel by highway or air.

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Did China steal Japan’s high speed train?

What could drive the normally unlitigious Japanese into such a frenzy? Not only did China copy their technology, say the Japanese, after patenting remarkably similar high-speed-rail (HSR) tech, CSR now wants to sell it to the rest of the world — as Chinese made.

How much does 1 mile of high-speed rail cost?

The cost per mile of the planned 520-mile California high-speed rail system, assuming it could actually be built for the current estimate of $80 billion, is $154 million per mile.

Which country has bullet train?

The first high-speed rail system, the Tōkaidō Shinkansen, began operations in Japan in 1964 and was widely known as the bullet train.

Does US have bullet train?

At these speeds, high-speed rail services exist in over 20 countries. The obstacles include local NIMBY-ism, construction cost overruns of previous rail plans, and laws that disadvantage the majority public interest and place small municipalities at the center of power. The United States has zero.

How often does China get a new skyscraper?

China will “top out” a new skyscraper every five days for the next three years as it continues to embark on the biggest building boom in history, according to newly published research.

Is there a real bullet train?

The bullet train, or “Shinkansen”, is a type of passenger train which operates on Japan’s high-speed railway network. Capable of reaching a maximum speed of 320kms per hour, the bullet train offers riders an exceptionally unique and efficient travel experience.

How much does a bullet train cost?

The 2022 business plan estimates that the full, 500-mile high-speed system between Los Angeles and San Francisco will cost as much as $105 billion, up from $100 billion two years ago. In 2008, when voters approved a bond to help build the railroad, the authority estimated that the system would cost $33 billion.

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Why are there no bullet trains in America?

The numbers for high-speed rail can vary anywhere from 20 to 80 million per mile. The big reason why America is behind on high-speed rail is primarily money. We don’t commit the dollars needed to build these systems, it’s really as simple as that. And it’s largely a political issue.

Is the California bullet train dead?

The California project is still technically up and running, but it is so far behind schedule that it has yet to lay a single mile of track, despite 14 years of work and about $5bn spent.

Which country has no train?

Iceland. Although there have been three railway networks in Iceland, the country has never had a public railway network. Iceland has no public railway network, and this is because of stiff competition from the automobile traffic, a small population, and harsh environmental conditions.

Which country train is fastest?

China’s Fuxing trains can carry 1,200 passengers at speeds of 350 kph. As well as boasting the longest network of high-speed lines in the world, China now has the fastest scheduled trains on the planet.

Why are US trains so slow?

The Track is the main reason passenger trains are so ‘slow’ in the US. The passenger rail service in the developed across most of the country as a supplement to freight rail. In the 20th century as personal vehicles and roadways capable of long distance travel developed – passenger service income declined.

How fast do us trains go?

Trains regularly reach speeds of 125-150 mph (201-241 kph).

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What would happen if we stopped buying from China?

Cutting China off from the U.S. would cost America hundreds of billions of dollars, report says. Expanding U.S. tariffs of 25% to all trade with China could cost the U.S. $190 billion a year in GDP, according to a report released Wednesday by the U.S. Chamber of Commerce and Rhodium Group.

Why is labor cheap in China?

Second, there are the wages for the workers directly involved in producing the parts. Labor is abundant and cheap in China because even though 300,000 have risen into the middle class and above, this still leaves one billion people living at the poverty level.

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