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Chinese cities are facing the financial abyss of their subway systems
After high-speed rail, subway lines are now dragging down the cities they serve. The blame lies with colossal construction and operating costs, minimal revenues and a toxic relationship with real estate developers.
After high-speed rail, subway lines are now dragging down the cities they serve. The blame lies with colossal construction and operating costs, minimal revenues and a toxic relationship with real estate developers.
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Tomas Kauer - News Moderator
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