China launches what it claims is the world's fastest train. the new train travels at an average speed of 217 mph trials of a high-speed train began in December when the train reached the maximum speed of 245 mph. China's news agency said that two trains each made 664 mile trips in three hours those trips used to take 10 1/2 hours.
China is building new bullet train system, this year alone they will spend $50 billion and by the time the project is finished in 2020 China will of spent roughly $300 billion on their high-speed train system and will have installed 12,000 miles of track top speed for these trains. This is part of China's stimulus programs that they launched last year by pumping $50 billion into the economy for example China has 110,000 workers on the Shanghai Beijing line alone, by some estimates they have as many as 400,000 worker's on this project.
If you compare with what's going on in the United States the Obama administration wants to build a high-speed rail system also. The United States has a train system now in the Northeast corridor but it's a very small system with slower trains the top voted 79 mph. What Obama has done is allocated $8 billion in his stimulus program to get the rail going right now 40 states are vying for that money but we don't know yet how many miles of track or where this track will be built.
One of the reasons China can undergo such a large infrastructure project is that the state-controlled banks are funneling billions upon billions of dollars to the construction companies that are building this project. This is part of their policy and they've decided it's important for the future of China, it can help China raise the economic productivity for example the time it takes to travel from Beijing to Shanghai will be reduced from 10 hours to four hours. It's not just the Chinese economy that will benefit from this bullet train program but many multinationals are getting in on the game to. Bombardier a Canadian company has is supplying the trains and IBM is supplying intelligence to the train system. IBM also plans on opening local support buildings for the intelligence system.
This rail system will travel through 20 of Chinese cities along its route, connecting less developed regions of China to the larger and more and less real regions such as Pearl River Delhi. When compared with other high-speed rail systems from around the world Japan's high-speed rail runs an average of 243 km/h journeys at 232 Congress per hour, and Francis at 277 km/h. The average speed of the Chinese train will be 217 miles an hour or an astounding 350 km/h which is much faster than any other train on earth.
Published by Keith Wick
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