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In the previous video on Railways Explained, from the series Railway Nation, we talked about the Chinese Railways. We covered its history starting from imperialist China all the way to the opening of China to the world after 1978.
We covered China railways' complex management and administration system, and eventually, discussed facts and figures about this incredibly huge railway and transportation system.
In today's video, our focus was more on the staggering construction of an extensive high-speed railway network in China, including beginnings, planning framework, and current state, but also we tried to present the market effects of HSR introduction in China and the changes it brought to the immense transportation system of China.
In the end, we talked about the investment costs of the construction Chinese HSR network, the financing schemes which made it happen, and the famous Chinese railways debt problem.
In the third video in this small series, we will cover the evolution of high-speed trains in China.
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