Financial analysts in China say that the country is spending far too much money - to the tune of $229 billion - on its nationwide high-speed passenger-rail network.
From the New York Times: "Spending on railroads is growing faster than on any other area of investment, rising 80.7 percent to 464.6 billion renminbi in the first 11 months of the year from the same period in 2008, according to China's National Bureau of Statistics."
"'These are ridiculous, unsustainable numbers for any economy,' Mr. [Stephen Roach, chairman of Morgan Stanley Asia] said."
Read the full story: Is China's Economy Speeding Off the Rails?
Colorado unveils fox mascot, branding for 'CoCo' high-speed rail
The new Denver-to-Fort Collins train is expected to begin service in 2029.
California High-Speed Rail wants to leverage data center revenue to fund trains
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March Must-Reads: Top 10 Articles From Last Month
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Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Colorado’s Largest Data Center Could Rise Next to Homes — Without a Public Hearing
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'This is going to be painful:’ Virginia stares down $1.7 billion funding gap for highway maintenance
The state may address the deficit by shifting $290 million from its construction budget to maintenance projects.
Judges permit Denver to divert 77,000 acre feet from the Colorado River for reservoir expansion
Overuse and climate change have caused the Colorado River’s water levels to plummet.
Amtrak, CN end decades-long dispute with eight-year agreement
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FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
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