Write ups in official media in Beijing quoted the National Audit Office, as saying that the Railway Ministry was burdened with 1.3 trillion yuan ($200 billion) in debt in 2009 due to expenditure being incurred on the high speed tracks.
The Chinese government is going ahead with massive expansion of the high speed trains with new plans to expand the network to 13,000 km of track this year and 16,000 km by 2020.
The trains are also putting pressure on country's domestic airlines forcing to radically slash their ticket fares.
The electric bullet train, CRH-380A has been designed by China South Locomotive & Rolling Stock Corporation Limited (CSR) and manufactured by CSR Qingdao Sifang Locomotive & Rolling Stock Co.
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