High speed rail in China is a disaster. Basic safety failings have led to repeated crashes and deaths. Confiscation of property on a massive scale has damaged government credibility. Trillions of dollars worth of investment is not paying off while depreciation does it's work. Prices have been cranked up, large numbers of workers have been fired, and the whole system is still deep in the red. The only solid good coming from Chinese high speed rail is the demonstration of how much damage out of control dictators can do to the bottom line.