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Article: The sleeping dragon awakens. (China).
- Article from:
- International Railway Journal
- Article date:
- February 1, 2003
- Author:
CopyrightCOPYRIGHT 2003 Simmons-Boardman Publishing Corporation. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Chinese Railways is being reorganised along more market-oriented lines and is opening itself to advanced technology from outside as it tries to satisfy a voracious national appetite for rail capacity.
CHINESE Railways (CR) is in a desperate race against time. Keeping pace with the demands of one of the world's most vibrant economies is proving difficult despite some truly heroic and ongoing efforts both in the provision of new capacity and in embracing advanced technology.
The tell-tale statistics are that while business has been increasing steadily for years, market share has been slipping. In the early 1980s, for example, CR handled almost 60% of the ...