Chinese economy will not derail

China will take self-adjusting measures to ensure growth and choose the right mode for continued development

The high-speed railway accident in Wenzhou, Zhejiang province has received considerable attention both at home and abroad. The Chinese government has adjusted its railway development plan and reduced the operating speeds of the nation's high-speed railways following the tragedy and some media abroad have made a great fuss about this, claiming the Chinese economy has derailed.

Their gloating over other's misfortune is unpleasant, especially as there have been high-speed railway accidents in developed countries. The crash in Wenzhou was related to human factors. Running different kinds of trains on the same high-speed railway added to the work of dispatchers and increased the possibility of accident. The railway authority has changed the railway schedules to prevent such problems. But this should not be taken to mean the development of high-speed railways has stopped, or that it signals the derailing of the Chinese economy.