China Has A Debt Problem Three Times Larger Than Evergrande: Where the Problem Starts

The video discusses the challenges faced by China's high-speed rail network, including corruption, financial issues, and unprofitable routes. It highlights the 2011 train crash and its impact on public confidence, the semi-privatization of railways, and the financial burden of maintaining unprofitable lines. The video also explores alternatives to high-speed rail, such as regular rail, and the financial crisis faced by China Railway, with potential solutions like renationalization or a bailout.

What challenges did the high-speed rail network face after its initial success?

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In what ways did the COVID-19 pandemic impact the demand for rail tickets in China?

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What potential solutions were suggested for addressing the debt issues faced by the railway system?

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