Finance
Published in The World Bank eBooks • Jun 12, 2019
NobleIDNI6P72W85R52S00
Authors:,,
Martha B. Lawrence
Richard Bullock
Ziming Liu
Abstract
Explains China’s high-speed rail (HSR) system financing, which varies from line to line. Heavily used 350 kph lines with average traffic densities of over 40 million passengers per year and average revenue per passenger-kilometer (pkm) of Y 0.50 (US$0.074) generate enough ticket revenue to pay for t...