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China Halts 80% of High-Speed Rail Projects Following Devastating Crash
Posted By Laura K. Cowan On October 3, 2011 @ 8:14 am In Green Transportation,News | 1 Comment
China’s 200-mile-per-hour high-speed rail system  was the envy of the world until a terrible crash  earlier this year killed 40 people and injured another 200 in the southern city of Wenzhou. The safety issues raised by the accident have now caused China’s government to put a halt to 80 percent of the country’s high-speed rail construction projects , which were on track to give the nation more miles of high-speed rail line by next year than the rest of the world put together.
Photo by Oinonio 
The crash in Wenzhou wasn’t the first sign of safety issues with China’s high-speed rail network, but it was the first accident that was severe enough to get the attention of the government, which is now reassessing the safety of the entire network. Chinese banks have been instructed not to lend money for new railway construction. “There is no decision yet on the next move for China’s high-speed railways,” said the 21st Century Business Herald .
Via Daily Telegraph 
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 high-speed rail system: http://www.china-mor.gov.cn/
 terrible crash: http://www.telegraph.co.uk/news/worldnews/asia/china/8802439/China-suspends-railways-projects.html
 construction projects: http://inhabitat.com/chinas-high-speed-rail-expansion-across-asia-and-europe-now-in-progress/
 Oinonio: http://www.flickr.com/photos/ockam/3615674274/sizes/l/in/photostream/
 21st Century Business Herald: http://en.21cbh.com/
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