Im a fan of high speed rail as much as anyone but a lot of this network has been built with massive debts and for a lot lines, no immediate commercial viability. Not a million miles away from Victorian railway companies in London building lines for, hoped for, future demand. I hope it works out, but there is for sure a risk of it becoming a millstone.
Why does public infrastructure need to be commercially viable? There's plenty of good reasons for people to need to travel aside from engaging in commerce.
The justification should go the other way round; infrastructure is for public use, and commercial entities ought to be taxed extra for utilizing public resources.
They always forget in their arguments too, that being able to move people around is better economically for the whole country rather than businesses or the state trying to profit off people buying train tickets.
While they have been financed it has not resulted in substantial long term debts.
no immediate commercial viability
Lmao. This is public infrastructure not a business grift.
When the private sector is in charge of things like this they do it worse and at higher expense btw.
Not a million miles away from Victorian railway companies in London building lines for, hoped for, future demand.
Very different, actually.
I hope it works out, but there is for sure a risk of it becoming a millstone.
I'm sure the Redditor that thinks public infrastructure needs commercial viability has plenty of useful lectures for the Chinese state on how to drive production and transportation.
built with massive debts for a lot lines, no immediate commercial viability.
The Chinese state owns the whole system, and state debt isn’t what you think it is. This is not a commercial system, so “commercial viability” is irrelevant.
@davel Air travel is also demanding on:
* Road infrastructure for the airport, trains deliver people closer to where they want in the first place and the connect better to the rest of the PT system.
* Land use. Airports are huge.
* Airports also cost a lot, factoring them into the price of moving people around is important, frequently this is paid for the state.
* Noisy in ways that just can't be mitigated.
@davel@elgordino True. However, many stations are ghost stations, that only got built because a provincial official got their hands on the money from Beijing. Also much of critical construction is already in a bad and unsafe state, only shortly after opening. This means that on many stretches top speeds cannot be maintained or they can't even be used at all. Much construction is of "tofu dreg" quality and is crumbling already.
Thats one of the best and safest investment any country could make. Rail will not become useless anytime soon. I would be more concerned about construction working conditions.