China's Yearly Budget For High-Speed Rail: $100 Billion

An anonymous reader writes "For all of those wondering about China's massive high speed rail network, it costs some serious cash. Running high speed lines across the nation is expensive — to the tune of $100 billion dollars a year. This covers the cost to maintain the network, build it, and pay all of the staff. The problem is, corruption has reared its ugly head. The network itself has had its share of problems, with people dying as a result. There is also the problem that many of Chinese poor make so little money they can't afford to ride it. The sad fact is that so much money is being spent, no one can even keep count."

Comments

$100 billion

[Virtex]

Running high speed lines across the nation is expensive — to the tune of $100 billion dollars a year.

Isn't that about what we pay to China every year just to cover the interest on the money our country has borrowed from them? At least all that interest money is being put to good use.