I found the following on the Jane's website. Unfortunately, I can't afford the full subscription, so I couldn't see the whole story.
--------------- CHINA'S TGV MUST HURRY The world's high-speed rail projects are often a shambolic on-off affair. China is no exception. An enormous amount of money is being expended upgrading its far-reaching rail network to deal with the rapidly expanding demand for transportation. Some are speaking of up to 8,000km of high-speed track being required. The jewel in the crown of these developments is a proposed 1,400km high-speed link between China's capital Beijing, and its business centre, Shanghai.
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RLM