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Carol Park: Lessons from Asia for the Northeast Maglev

In China, a bullet train crash in the city of Wenzhou in 2011 killed 40 people. The crash was blamed on poor design and mismanagement. In Taiwan, the bullet train system rang up $1.5 billion in losses over seven years, requiring a $1 billion government bailout. In South Korea, a high speed rail line connecting Seoul to ...

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