China’s Shiny Bullet Trains Are Drowning in Debt—Here’s How India Can Dodge the Same Disaster! | Economy News
New Delhi: With debt now close to USD 1 trillion USD, China’s bullet train network is the biggest in the world, but it’s also a financial nightmare. The total liabilities of China Railway as of the end of 2024 were 6.2 trillion yuan, or roughly USD 890 billion, or almost 5 percent of China’s GDP,…