{"id":4781,"date":"2021-03-30T12:00:16","date_gmt":"2021-03-30T12:00:16","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=4781"},"modified":"2021-03-30T12:00:16","modified_gmt":"2021-03-30T12:00:16","slug":"china-must-avoid-blind-competition-within-high-speed-railway-network-development-to-maintain-reasonable-debt-levels","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=4781","title":{"rendered":"China must avoid \u2018blind competition\u2019 within high-speed railway network development to maintain \u2018reasonable\u2019 debt levels"},"content":{"rendered":"<p>Source: South China Morning PostChina\u2019s high-speed railway network development plan must avoid \u201cblind competition\u201d from local authorities to keep debt at a \u201creasonable\u201d level, the State Council has warned. The 38,000km network is already the world\u2019s largest, but Beijing is increasingly worried about an increasing debt level, with 5.57 trillion yuan (US$850 billion) worth of liabilities already on the books of the state-owned China State Railway Group alone. \u201cSome local governments prefer high-speed railways to ordinary-speed\u2026<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3127644\/china-must-avoid-blind-competition-within-high-speed-railway\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: South China Morning PostChina\u2019s high-speed railway network development plan must avoid \u201cblind competition\u201d from local authorities to keep debt at a \u201creasonable\u201d level, the State Council has warned. The&hellip; <\/p>\n","protected":false},"author":0,"featured_media":4782,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/4781"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4781"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/4781\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/4782"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4781"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}