Chinese Railways

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The book examines the inefficiencies and capacity constraints of Chinese Railways, which hinder economic growth despite their size. It advocates for a comprehensive reform program, highlighting the potential benefits of moderate deregulation, particularly in the freight sector. Operational enhancements, including schedule redesign and value-added services, are also recommended. Drawing on expert interviews and comparisons with rail systems in the US, Germany, Russia, and Japan, the author provides actionable strategies for a turnaround to support China's GDP growth.