Shanghai was great in the 2010s. Seems like a different place today.

Are the bullet trains making enough to pay down construction debt yet? My understanding is that that has been a struggle, which is going to be a problem when they get past being new and start having more and more maintenance expense on top of paying back construction debt.

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theendisney 5 hours ago | parent | next [-]

They dont have to, they are reqired to make the country work. Its like trying to make us roads profitable.

	▲	munk-a 5 hours ago \| parent [-]
		Or having some silly notion that the post service should be profitable. Public services generally provide public good that outweighs their cost. Trying to quantify and charge for that cost is a useless exercise.

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m4rtink 3 hours ago | parent | prev | next [-]

Well, the Shinkansen lines managed to bankrupt JNR in Japan just fine. :) Still they are a massive benefit for the country.

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try-working 5 hours ago | parent | prev [-]

I've been living in Shanghai sinze 2010, with some time in between in Shenzhen. Shanghai is much better now than in the 2010s.