magnetic1974 Post time: 2014-4-18 12:30
China have the high speed train and its much more profitable than airline. Military aircraft will ...
The new ultra fast trains are losing money, that was reported a couple of months ago. That is why they are reducing prices on some routes. The standard high speed CRH trains might be profitable on most routes.
futsanglung Post time: 2014-4-18 13:28
And prey where did you get that from?
The HSR in China is loosing money and has high debts, the a ...
look at China capital market - only 230% gnp.
200% in banking system
30% in the bourse system.
most of the BONDS purchase via banking system <60% gnp>, next is forex reserves <36% gnp and mostly in foreign currency accounts>, then private mortgage <15% gnp>, your normal PAPER MONEY mint <about 10 - 15% gnp>. Meaning danger loans is 70% of gnp.