ON JULY 1st Hong Kong marked 20 years of mainland rule with a rare visit from Xi Jinping, the Chinese premier. Mr Xi arrived on an Air China flight from Beijing. The next visit by a Chinese president is unlikely to take place until 2022, when Hong Kong will be half way through its 50-year transition period between British and Chinese rule. Then, perhaps, he will travel by high-speed rail, and arrive at a smart terminal being built in West Kowloon.
Hong Kong is in the midst of an infrastructure-building boom. Work on a third runway at Chek Lap Kok airport began last year. Just outside, the finishing touches are being made to a 40-kilometre (25-mile) bridge-and-tunnel road linking Hong Kong, Macau and Zhuhai. And by next year a new rail line will connect Hong Kong to Guangdong and the rest of China’s high-speed network.
Trains on the “XRL” can travel up to 350km/h (although it is estimated that it will take 14 minutes to travel the 26km between Kowloon and Futian, making the actual speed more like 110km/h at first). The…Continue reading
from Business and finance http://www.economist.com/blogs/gulliver/2017/07/one-station-two-systems?fsrc=rss