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

Who says the US isn't investing in high speed rail

[T-Bucket]

See, who says the US isn't investing in high speed rail! Whose $100B do you think that is?

Re:WTF, submitter and green-lighter?!

[TheRaven64]

BOSS RAIL
The disaster that exposed the underside of the boom.
BY EVAN OSNOS
OCTOBER 22, 2012

Wow, an article that was posted two days in the future! Slashdot has really come a long way from posting old news...

/Rolls Eyes

[Uberbah]

"For all of those wondering about America's massive interstate highway network, it costs some serious cash. Running roads across the nation is expensive - to the tune of $50 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 America's 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."