China Built Metro Stations in the Wild. $4.7 Billion Gone: Shenzhen Metro’s Huge Loss

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In October of this year, the passenger volume of urban metro systems in China declined for the eighth consecutive month, with two-thirds of cities failing to meet construction requirements. Insufficient passenger volume has become a key factor in the failure of metro plans to be approved in many places this year. With the prolonged slump in the real estate market and local finances entering a "tightening mode," the era of rapid expansion of China's metro system has come to an end.

China Built Metro Stations in the Wild. $4.7 Billion Gone: Shenzhen Metro’s Huge Loss


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