Word: rails
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Dates: during 2000-2009
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...Much of that investment growth came from the brute force of the government, which is directing bank loans to state-owned companies, which in turn have been building everything from high-speed rail networks to new highways and bridges across China. But economists were quick to note that other sectors of the economy besides construction now seem to be joining the party. In particular, property investment rose by nearly 18% in the quarter, well above what many economists had expected...
...first quarter of this year, Beijing reported 6.1% GDP growth, but electricity consumption overall in the country appeared to decline. How a country the size of China could grow by 6% yet use less electricity was puzzling. And in the first six months of this year, overall rail-freight traffic declined in China. Again, how that squares with accelerating growth is not clear. (Read "China's Economy: Rare Signs of Optimism...
...there examples in other countries of large-scale projects that Americans might learn from? I think what the Chinese are doing on many of their rail lines - vast upgrades to electrified high-speed passenger rail - is something we should emulate. Spain has revolutionized travel across their country by linking most major metropolises through a sparkling new high-speed rail network. The U.S. has nothing like it. But high gas prices will change that...
...transportation here, we recommend renting a nonmotorized two-wheeler, which is a lot safer. Even better, this tiny country of 21 square miles - one-third the size of Cape Cod - has 22 miles of bike paths, on which mopeds are not allowed. The Bermuda Railway Trail follows an old rail bed and traverses the entire string of eight islands that make up the inhabited parts of Bermuda. Cyclists on the path are never out of sight of the islands' clear waters, craggy bluffs and white-roofed cottages. Bike rentals cost about $10 per day or $50 per week; at some...
...There was very little time to reflect once the lights went up after the ceremony. Ushers gently directed the audience to exits as black bunting was pulled from Velcro rail attachments. Scores of Staples Center workers snapped up folding chairs. The memorial set gave way to the Ringling Bros. Circus, with a new spotlight scheduled to go on in just a few hours. The circus elephants had been walked into holding facilities in the arena earlier in the morning, before the first memorial ticket holder...