China is once again operating the world's fastest train service after a speed cap was lifted:
China increased the maximum speed of bullet trains on the Shanghai-Beijing line to 350 kilometers per hour yesterday, six years after a fatal accident led to a speed cap. The limit was reduced to 300kph after 40 people died in a high-speed train crash near Wenzhou, east China's Zhejiang Province, in July 2011.
The decision to increase the speed means that China once again has the world's fastest train service. The new limit cuts the time of the 1,318-kilometer journey between Shanghai and the capital to four hours and 28 minutes, saving passengers nearly an hour. A total of 14 trains a day will run between the two cities at the higher speed.
Also at Xinhua and NextBigFuture.
(Score: 2) by Phoenix666 on Sunday September 24 2017, @05:06PM
China's joint venture framework has been a great way to facilitate that piracy. The Chinese JV partner gets 51%, the foreign partner with the investment capital and know-how gets 49%. They build a factory together, take a couple years to have the foreigners train up the Chinese, then the Chinese partner pulls strings to get the foreign partner kicked out of the country with nothing. (Haha, laowai, you thought you could take advantage of China, but China take advantage of you!)
Washington DC delenda est.