India Warns China: It’s China That Caused the Failure of India’s $15 Billion High-Speed Rail Project

Описание: #China #ChinaNews #India #High-SpeedRail #Railway #Tunnel #Project #Japan #Germany #TBM


As early as eight years ago, the Indian government planned a major project - a $15 billion high-speed rail line between Mumbai and Ahmedabad, which was originally expected to be completed in 2024.

In order to promote this huge project, India also borrowed $14.6 billion from Japanese lenders.

But due to various reasons, the high-speed rail project was ultimately not completed as scheduled in 2024, and the Indian government was forced to announce a postponement of the completion time.

Once the high-speed rail project is postponed, it means that India's debt pressure on Japan will continue to rise. So far, the initial $14.6 billion debt has risen to about $18 billion.

This huge debt has obviously increased the financial burden of the Indian government and made the prospects of the entire project confusing. Now it seems that this Indian high-speed rail is likely to become a failure.

But what is more surprising is that India is now putting the blame on China and even wants China to be "responsible" for it. What is going on?

Why has this high-speed rail project been delayed again and again and has been unable to be completed?


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