Over the past decade, China has built 25,000 km of dedicated high-speed railway—more than the rest of the world combined. China’s High-Speed Rail Development examines the Chinese experience to draw lessons for countries considering investing in high-speed rail.

The rapid spread of COVID-19 has led to uncertainty and loss of confidence unseen since 2008. The market volatility has also risen extremely fast to a level unseen over the last decade. Even against this unfavorable environment, there are sectors that have taken a disproportionate hit, including tourism, passenger transportation, airlines, hotels — practically everything that has a built-in key cross-border dimension.