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China has built the world’s largest bullet-train network
(www.economist.com)
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(I just realize that the link posted by OP is a 2017 article)
Of course. I agree that cost benefit ratio needs to be considered. I also agree that in some cases low speed rail already suffice, but is it the argument they are making? I can't read the article despite I want to because there is a paywall.
...
It appears to be the argument that the Economist is making. High Speed rail is a good technology that should be implemented, just not at the scale China implemented it at.