At 348 km/h - It could threaten airline sales
A bullet train runs among fields in Rongjiang County in southwest China’s Guizhou Province. Source: Xinhua
While this is good news for locals and tourists traveling within China, analysts predict that this could potentially rattle domestic airline sales as the market opts for the rail service hereon.
According to South China Morning Post, the “intensified domestic competition” might also prompt Chinese air carriers to shift more capacity towards international routes and seek new opportunities from overseas markets, as China’s middle class grows.
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China Xinhua News @XHNews
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