Glenn Luk (@glennluk): "HSR is now generating ¥445B of revenue, against ¥217B of interest on total CR's debt China Railways is deleveraging from the post-pandemic rebound in domestic travel and continued growth of HSR https://readwriteinvest.substack.com/i/113262962/debt-and-associated-financial-risk"

HSR is now generating ¥445B of revenue, against ¥217B of interest on total CR's debt

China Railways is deleveraging from the post-pandemic rebound in domestic travel and continued growth of HSR

Is High-speed Rail in China a "Gray Rhino"?

Jul 12, 2023

11:11 PM