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China’s High-Speed Trains Race to a Trillion Dollar Debt

Last Updated on September 29, 2026 by Jeff Tomas BEIJING – China’s high-speed rail network is widely celebrated as a modern engineering marvel, but it hides a deeply troubling financial reality. Over the past fifteen years, the country has rapidly built over 48,000 kilometers of highly advanced passenger railway track. This unprecedented expansion was originally […] The post China’s High-Speed…

China’s High-Speed Trains Race to a Trillion Dollar Debt

We haven't written up this one. Chiang Rai Times has the full story — the link below goes straight to it.

Read the original at chiangraitimes.com →

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Bowen attacks broken coal power stations he needs

Energy tsar, Chris Bowen, is right. Climate Change and Energy Minister Chris Bowen has unleashed a mammoth attack against Australia’s ageing coal-fired power plants, warning their frequent unplanned…

  • Bowen criticizes Australia's aging coal power stations for frequent breakdowns.
  • Coal plants have experienced unplanned outages daily for four years, per AEMO data.
  • Bowen's stance overlooks challenges of energy transition, including stable grid supply.

Tokyo ranks 2nd globally for housing-bubble risk

GENEVA (Kyodo) -- Tokyo ranked second worldwide for housing-bubble risk behind the Swiss city of Zurich, with the cost to buy a 60-square-meter apartm

  • Tokyo ranks 2nd globally for housing-bubble risk, behind Zurich
  • 60-sq-meter apartment near city center costs 10 years of average skilled worker's income
  • Hong Kong identified as least affordable market surveyed

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