Technology
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Their high speed train network is impressive, but none of it was new technology when they built it. The first train sets they bought were Siemens Velaro D, a mature high speed train system that has been around in Europe for almost a decade prior.
It ISN'T cost effective, but in China that doesn't matter: what the state wants the state gets. No matter the cost. And I'm willing to bet that in 10 years time a lot of the stuff just doesn't work anymore, line speeds get reduced and stops cancelled due to infrastructure not being maintained.
We have seen chinese prestige projects fall into disrepair time and again, and their extensive transport network will see the same fate.
China absolutely has done a lot of innovation in HSR tech. Building stuff is how we develop and improve technology. It's absolutely incredible that you think China hasn't innovated in this area.
That shows just how utterly clueless you are. The reason China wants to have the whole country connected by rail is because it stimulates the economy. It makes it easy to transport goods across the country, and for people to move around. To suggest that China would abandon its rail network is sheer idiocy.
It's not a prestige project, it's critical infrastructure. You're gonna be doing a lot seething and coping in your future.