China raises ticket prices on four major bullet train lines to address rising costs and debts.
China increases ticket prices on four major bullet train lines to tackle rising costs and debts since its inception 20 years ago. This move is part of a push to raise prices for public services, including recent water and natural gas bill increases. Heavily subsidized public services face challenges due to municipal debts, and higher prices help offset falling prices in China's slowing economy.
May 13, 2024
3 Articles