[seanmcdirmid]

http://www.rediff.com/business/report/pix-beijing-shanghai-b...

> Although the railway authority has said that the Beijing- Shanghai high-speed railway was the only profitable high-speed rail in China in the past five years, some believe that other lines in densely-populated and developed regions will likely become profitable soon.

Only Beijing to Shanghai is making a profit ATM (flying is still cheaper on that route, but airport delays are way too bad).

[_coldfire]

Train networks around the world are usually subsidised and run at a loss, it's hardly unique to China.

[seanmcdirmid]

China is running at a loss in the billions. In 2018 when the first HSR bonds start coming due, it could be quite a shock.