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Today's Links: Shanghai-Hangzhou railway construction starts, fast food hits a wall, but stimulus to be supersized?

Today's Links: Shanghai-Hangzhou railway construction starts, fast food hits a wall, but stimulus to be supersized?

  • Construction starts on rail link [Shanghai Daily] "Construction on the 29.68-billion-yuan (US$4.34 billion) Shanghai-Hangzhou high-speed railway started yesterday at Fengjing area in Shanghai. The project, which is expected to be completed before the 2010 Shanghai World Expo, will cut the journey between the two cities to 38 minutes from the current one hour or more and is part of a plan to cut travel time between any two cities in the Yangtze River Delta Region to within one hour."
  • Has Western Fast Food Hit a Wall in China? [Mark's China Blog] "I can't say that I'm that surprised that Chinese people may move away from eating western fast food as much as they have been. First, western fast food joints in China aren't cheap. In America, when you eat the crap that fast food places serve up you at least don't have to spend much money. That can't be said for China."
  • China: ‘Can I supersize my stimulus?’ [FT Alphaville] "Expectations are growing China could super-size its stimulus package when it votes on the budget next week, especially since the draft currently being considered already foresees a record-breaking fiscal deficit for the country in 2009 of some 950bn yuan (higher than previously expected)."
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