China has chosen to abandon its Maglev train effort for a 750-mile Beijing-Shanghai link.
Besides cost, "the maglev technique was excluded because it does not match the wheel-track technique used by railways in China, the report said... The scrapping of the 9-year-old maglev project -- two weeks after the country's first maglev, a short stretch in Shanghai, began regular operation -- represents a setback for the development of the technology in China, which many had seen as one of its key markets."
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Read the full story: China Abandons High-Speed Train Plans
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