Key Points
Starting with the inaugural Beijing-Tianjin line in 2008, Chinas high-speed rail is now a 26,000-mile network and supports a top speed of 220 miles per hour..
Meanwhile, Vande Bharat Express, Indias newest and fastest passenger locomotive, is unable to accelerate to its full potential most parts of the existing tracks wont even allow 80 miles an hour...
The economics professors looked carefully at the staggered opening of new high-speed rail stations in China between 2008 and 2013 and asked a simple question: Is there a relationship between a firms domestic geographic integration and its embrace of international markets?.
The New York Times interviewed the sales manager of a garment export company based in Changsha, the capital of Hunan province in south-central China, who had increased his business trips to Guangzhou in the Pearl River Delta to once a month from twice a year to pick up on fashion changes in style and color more quickly..
Its real benefit, though, lay in the fast link it provided to stops along the route, allowing the chip sector to expand beyond Hsinchu in the northwest, home to Taiwan Semiconductor Manufacturing Co. Faster connectivity has done wonders for Taichung and Tainan, in the center and south of the island, respectively..
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