Chinese cities are facing the financial abyss of their subway systems

  • Posted on June 20, 2025
  • By Le Monde
  • 2 Views
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.
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Le Monde

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